Mitsubishi Motors - Wikipedia, the free encyclopedia: "End of Europe production[edit]
With operating losses 22 billion yen ($287 million) in Europe for the fiscal year to March due to stagnant sales in a continent beset by uncertainty of a raging debt crisis, finally in February 2012 Mitsubishi have decided to withdraw production in Europe by the end of 2012. On October 1 it was announced that the Dutch industrial conglomerate VDL Groep had taken over NedCar from Mitsubishi, retaining all 1,500 employees.[44]"
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