Mitsubishi Motors Philippines Corporation (MMPC) has recently celebrated its 700,000th unit production milestone at its Sta. Rosa, Laguna manufacturing plant, yet MMPC might also be on its way to being the first vehicle exporter in the Philippines. During the celebration, Mitsubishi Motors Corporation (MMC) CEO Takao Kato has officially announced that the recently-launched and locally-made L300 Euro IV will be exported to overseas markets soon.
The new L300 features a new, more powerful 4N14 CRDI and turbocharged diesel engine, which is also the same diesel engine used in the Eclipse Cross, ASX, just to name a few. This new engine has been tuned specifically for the L300 to deliver 99 hp and 200 Nm of torque, powering the rear wheels via a 5-speed manual transmission. As a result of this new powertrain, the L300 now has a higher payload capacity of 1,085 kg. With its new powertrain and a host of other upgrades, the L300 now carries a price tag of P804,000 for the cab and chassis variant.
Not only is the L300 popular in the Philippines, but in a few other ASEAN countries as well, especially as an affordable and reliable workhorse. Mitsubishi Motors Corporation (MMC) CEO Takao Kato has not officially disclosed during his speech when this will happen and which countries will be receiving the newly-revised L300. Nevertheless, this should give the Philippines a boost in its economic productivity especially in our local automotive industry.
MMPC’s manufacturing plant in Sta. Rosa, Laguna has an annual capacity of 50,000 units and it currently produces the Mirage hatchback and Mirage G4 subcompact sedan. MMPC has also selected its Mirage line-up to be part of the Department of Trade and Industry’s Comprehensive Automotive Resurgence Strategy (CARS) Program, an initiative meant to help re-establish the Philippines as an automotive manufacturing hub.