Mitsubishi set to close Australian plant

Australia's automotive manufacturing industry has taken a blow as Mitsubishi announced it will be closing its Adelaide plant, the facility that builds the 380 sedan. The news means approximately 1,000 workers will soon be out of a job. In fact soon means very soon, as March 31st marks the plant's final day. It will certainly be a quick and painful process; so much that counseling will be offered to outgoing employees. The Australian government even previously offered the Japanese automaker assistance in order to keep their local operations alive. However, the extra funds couldn't account for the 380's dismal sales. It is well known that Australians like their V8s and the 3.8L V6 engine powering the sedan was not enough to overcome the competition.

[Source: Live News]