Mitsubishi Motors to end production in China, invest in Renault EV unit

Mitsubishi Motors to end production in China, invest in Renault EV unit

FILE PHOTO: A Mitsubishi Motors logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File photo

Japan’s Mitsubishi Motors said it will end production of its cars at its joint venture in China and transfer its stake in the unit to its Chinese partner, becoming the latest foreign automaker to cut back its operations in the world’s top auto market.