Mitsubishi Motors Corp. has decided to withdraw from vehicle production in the United States as part of its efforts to focus more on growing Asian markets, sources said Friday.
The Tokyo-based automaker plans to sell its plant in Illinois, where the company currently manufactures about 60,000 sport utility vehicles a year, they said.
Mitsubishi Motors will shift more resources to plants in Asia, including in Thailand and the Philippines, the sources said. While the company makes SUVs in Russia, it withdrew from production in Europe in 2012.