Mitsubishi Motors Corp. is considering pulling out of car production in China, sources familiar with the matter said Thursday, as the Japanese automaker's sales slump amid a rapid shift to electric vehicles in the country.Mitsubishi Motors, which halted output in China in March due to falling sales and the rise of local brands, now plans to focus its resources on the Southeast Asian market, the sources said.In China, the Japanese company had been making mainly gasoline-powered cars at a factory in Hunan Province under a joint venture with Guangzhou Automobile Group. The factory is the only …READ FULL ARTICLE
