Japanese automaker Mitsubishi, on Monday, 27th of July 2020, announced that it will be pulling the plug of the Pajero. An iconic SUV in its lineup that created its niche in the market, Pajero walks its final steps towards the end of its glorious life cycle. It will also be shutting down the dedicated Pajero factory.
This news though doesn’t come as a surprise as earlier in 2019, Mitsubishi gave us a hint about shutting down this iconic offroad vehicle. Sales for Japan were closed at that time while globally it was being sold. The latest news about it being shut off globally comes a bit early and that too with a final date of September 2021.
“Mitsubishi Pajero came into its existence in February 1982, and after 39 years, in September 2021, its journey will come to its end.”
The tough move by Mitsubishi is directly related to the losses which were reported earlier by Reuters this month. According to this report, the automaker is expecting an operating loss of $1.33 billion in this fiscal year ending in March 2021. Another reason which became the final nail in the iconic offroad vehicle’s coffin is the Covid-19 (Coronavirus) pandemic that put a big full-stop at everything globally.
With this move, Mitsubishi is preparing fresh plans for the other markets and will re-route its limited resources to its South-Eastern markets, while suspending any operations related to the launch & production of newer models in Europe.
Mitsubishi has no plans for its renewal and will be bidding farewell to the legendary SUV, Pajero in September 2021. As mentioned earlier, along with this legendary vehicle, Mitsubishi will also be shutting down the dedicated Pajero factory along with the factory tours.
Sayonara Mitsubishi Pajero!