— Mitsubishi Motors Corporation announced today that has commissioned a new research and development center in mainland China that will help the company supply Mitsubishi brand vehicles that meet the requirements of this diversifying and increasingly sophisticated growth market. Incorporated as Lingfa Car Technical Consulting (Shanghai) Ltd., the new R&D center is a wholly-owned Mitsubishi Motors subsidiary and is the company's third R&D unit to be based outside Japan.
The new R&D center began operating in April and initially will concentrate on assuring quality in locally produced parts and components, following trends in vehicle and traffic laws and regulations, and speedily meeting customer needs and requirements. Going forward, research facilities will be added as Mitsubishi Motors builds up its R&D organization in mainland China to support the development of Mitsubishi brand vehicles to be introduced over the coming years and to support the management of development operations at the four local companies in which it holds equity stakes1.
New R&D Center profile
| Corporate name : |
Lingfa Car Technical Consulting (Shanghai) Ltd. |
| Location : |
Grand Gateway Tower 1, 4707 HongQiao Road 1, Shanghai, China |
| Capital : |
30 million yen |
| Shareholders : |
Mitsubishi Motors Corporation, 100% |
| Representative : |
Masazumi Koga, General Manager & President |
| Business lines : |
Motor Vehicle Development |
| Site area : |
304.76 sq.m. (building floor area) |
| Initial Investment : |
42 million yen |
| Date of Establishment : |
January 2006 |
| Start of Operations : |
April 2006 |
| Employees : |
10 (at start of operations) |
| 1 |
Hunan Changfeng Motor Co., Ltd.; South East (Fujian) Motor Corporation Ltd.; Harbin Dongan Automotive Engine Manufacturing Co., Ltd.; Shenyang Aerospace Mitsubishi Motors Engine Manufacturing Co., Ltd. |
