Mitsubishi to export 168,000 China-made engines

Shanghai, May 13 (Gasgoo.com) Mitsubishi Motors will export around 168,000 engines built in China to overseas markets, a source familiar with the case told Beijing Morning Post on Monday.

The report cites the source as saying that  40%of the 420,000 engines Mitsubishi plans to build in China will be exported to markets such as Japan and Europe.

Wall Street Journal reported on April 22 that Mitsubishi Motors is to double its engine manufacturing capacity at its Chinese unit in Shenyang to 420,000 engines a year by 2010.

Construction of a second plant at its existing facilities south of Shenyang should be completed by early 2009, according to Mitsubishi's plan. The facility will be used to produce small engines ranging from 1.0L to 1.6L.