Mitsubishi Motors Philippines Corporation (MMPC) has announced the opening of a new stamping shop in Santa Rosa, Laguna.
The opening of the facility follows the inauguration of the Santa Rosa plant in 2015 and represents an important step in Mitsubishi Motors’ plans to expand its presence in the fast-growing Philippine automotive market.
With a capacity to produce 35,000 units, in two shifts per year, the shop enables Mitsubishi Motors to scale-up local production of the Mirage hatchback and Mirage G4 sedan, or Attrage as it is known in other markets. MMPC’s stamping shop facility contains the biggest stamping machine in the Philippines, reflecting the commitment of Mitsubishi Motors to the localisation of automotive manufacturing in the country.
As the first car manufacturer to join the Philippine government’s Comprehensive Automotive Resurgence Strategy (CARS) programme, Mitsubishi Motors revealed that by 2023 MMPC will have produced 200,000 units of the Mirage and Mirage G4. Since its inauguration in January 2015, MMPC’s Santa Rosa plant has already created 600 additional jobs. The opening of the new stamping shop coincides with the announcement that Mitsubishi Motors has raised the local content of the Mirage to 35%, and will increase it further to fulfil a key requirement of the CARS program.
Commenting on the opening of the new shop, Mutsuhiro Oshikiri, MMPC president and CEO, says: “Our new stamping shop enables us to turn the aspiration of localised production into a reality, further building our presence in the Philippines, while at the same time strengthening our offering to consumers.”
For further information www.mmpc.ph