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GAC Mitsubishi | |
Company type | Joint venture |
Industry | Automotive |
Founded | 25 September 2012; 11 years ago (2012-09-25) |
Fate | Acquired and absorbed by GAC Aion in 2024 |
Headquarters |
,
China
|
Area served | China |
Products | Automobiles |
Owner | GAC Group (50%) Mitsubishi Motors (30%) Mitsubishi Corporation (20%) |
Website | www |
GAC Mitsubishi Motors Co., Ltd. was a joint venture automobile manufacturing company headquartered in Changsha, China.[1] Established in 2012, it was the second vehicle manufacturing joint venture of Mitsubishi Motors in China after Soueast.
The company was dissolved in 2023 as a joint venture and was acquired by GAC Aion.[2]
The company was founded on September 25, 2012.[3] The GAC Group holds 50%, Mitsubishi Motors 30% and Mitsubishi Corporation 20%.[4] Other sources give 50%, 33% and 17%.[5]
In the same year the production of automobiles began. The brand name is Mitsubishi. The plant had a production capacity of 100,000 vehicles in 2016.[3] Engines have also been manufactured since 2018.[6]
On 27 September 2023, Mitsubishi Motor announced its decision to quit the Chinese market. According to the statement of Mitsubishi Motor, the company can't cope with the fierce competition in Chinese market and judged that the joint venture would not be profitable anymore. [7][8]
Mitsubishi ASX, Outlander and Pajero were recorded for 2016.[3] A source from 2020 confirms these three models and also names the Eclipse Cross.[9] According to this source, the Pajero was produced until 2015,[10] the ASX since 2013,[11] the Outlander since 2016,[12] while no period is given for the Eclipse Cross.[13]
The Mitsubishi Airtrek was produced by GAC Mitsubishi starting from the 2022 model year.[14]
Eupheme is the brand of the GAC Mitsubishi joint venture. The Eupheme PHEV and Eupheme EV are the two products sold and manufactured by GAC Mitsubishi under the brand.[15]
56,700 vehicles were built in 2016.[3]
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A subsidiary of Guangzhou Automobile Industry Group | |||||
Marques |
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Subsidiaries |
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Joint ventures and shareholdings |
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1A brand of GAC Honda - 2A brand of GAC Toyota |
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Chinese vehicle manufacturers |
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Sino-foreign joint venture vehicle manufacturers |
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Subsidiaries of foreign companies |
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Other |
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N.B. Only companies and organisations from Mainland China and Hong Kong are included |