Indonesian Political, Business & Finance News

Mitsubishi's Asia car

| Source: DJ

Mitsubishi's Asia car

TOKYO (Nikkei): Mitsubishi Motors Corp has decided to launch
its multipurpose Asia car in Indonesia next January, company
sources said Thursday, according to the Nihon Keizai Shimbun.

The automaker originally planned to begin marketing the new
multipurpose vehicle model in September this year, but the plans
were delayed by the economic and political turmoil that hit the
country.

The automaker is confident this has now subsided following the
establishment of the new government led by B.J. Habibie.

The vehicle will have a 2500cc engine and can be used both as
a passenger car and commercial vehicle.

This will be the company's third model in its so-called Asia
car line developed to meet particular niches in the market.

With the launch of the Asia car, the car maker will try to
catch up with Toyota, which has a market share of around 20% in
the country.

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