Mitsubishi Hires Turnaround Specialist
Mitsubishi Motors Corp., whose U.S. auto sales have dropped by more than half in two years, hired a Michigan-based turnaround specialist to revive its North American automotive business.
Mitsubishi brought in AlixPartners to advise executives over the next several months, said Dotty Diemer, a spokeswoman for Cypress-based Mitsubishi Motors North America.
Japan’s fifth-largest automaker this month promoted Rich Gilligan, 61, to run its North American sales and production unit after the Jan. 3 departure of Finbarr O’Neill, 52. Gilligan had managed Mitsubishi’s assembly plant in Normal, Ill.
From Bloomberg News
* Toyota Motor Corp., which is moving more of its production outside Japan, may start making its Scion line of U.S. cars somewhere in North America, the brand’s manager said at an industry conference.
