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Production of Mitsubishi Pajero SUV to be stopped from 2021 due to heavy financial loss

Shortpedia

Content Team
Image Credit: Shortpedia

Japan's world popular Pajero SUV by Mitsubishi may start disappearing from showrooms across the world as the automaker has decided to stop the production of the SUV from 2021 owing to the heavy financial loss in the current fiscal year. Shares of Mitsubishi fell by more than 10% to an all-time low on Tuesday. The company's shares plunged to 240 yen, marking a lifetime low since their 1988 listing.