Before April 2020, the new CEO will issue a midterm strategy.
Assuming that the shareholders approve Takao Kato’s appointment as next CEO of Mitsubishi Motors, it is likely that Takao Kato will be. According to Kato’s statements, the company will not abandon the North American market under his supervision.
“Sales are continuing. North America is the largest market. According to Automotive News, “Exiting the sales market wouldn’t be an option.”
Mitsubishi will continue to sell cars in America. However, he’ll probably rework the brand’s product lines to match the automaker’s “small, but beautiful” strategy. This strategy will allow for steady, but small profit growth.
“If you’re a large-scale OEM, you’ll be able to make a profit. But is that possible for MMC? According to Automotive News, Kato stated the following: “This is something that we think we should contemplate before we move forward.”
Kato will soon release a midterm business plan for Mitsubishi Motors shortly after he takes over as CEO. He’ll give a better picture of what the company can expect with him as its boss.
According to reports, Mitsubishi plans to bring a pickup back into its American lineup as part of its future in America. Rumors suggest that as part of the Nissan-Renault-Mitsubishi Alliance, the three automakers might create a shared platform for the future trucks.
Kato was most recently the head of Mitsubishi’s Indonesian business. His past experience in the United States includes helping to set up the Chrysler-Diamond Star Motors plant in Normal, Illinois in the 1980s.