Report: Japanese automaker Mitsubishi Motors to stop building vehicles in the US

Markets Associated Press

Japanese media reports say automaker Mitsubishi Motors has decided to end production in the U.S. to focus on Asian markets.

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The company said in a statement Friday that no decision has been made.

Japan's leading business newspaper, the Nikkei, reported that Mitsubishi will stop making vehicles at its factory in Normal, Illinois, and try to sell the plant.

Kyodo News also reported the plant will close. Both cited unnamed sources.

Annual production at the factory has fallen to 64,000 vehicles from more than 200,000 in 2002.

The company sold only 82,000 vehicles in the United States last year, less than one percent of the total market.