Mitsubishi Motors Corp. said Tuesday it will start paring its group dealerships to five from 29 on July 1 to help streamline sales channels and turn around its money-losing operations at home.

The five group dealerships will control 293 outlets, compared with 295 at the end of March. Each will be based in one of five areas — Hokkaido, northeast Japan, and east, west and central Japan.

As a result, the total number of dealerships selling MMC vehicles will drop to 129 from 153, leaving a total of 800 outlets across the nation, the company said.