Mitsubishi Motors Corp. would consider building another automaker's vehicle at its underused NedCar plant as a contract manufacturer.
"If someone would want to commission the plant to build something, we would welcome that conversation," says Tim Tozer, CEO of Mitsubishi Motors Europe BV.
This year, the Dutch plant will build about 75,000 Mitsubishi Colts and perhaps 110,000 Smart ForFour cars. That means it is using about 90 percent of two shifts' capacity, Tozer says.
"It's not losing money, but it's not performing the way we want," he says.
"Clearly, it would be nice if we put another car in there and went back to three shifts," Tozer says. "That may involve new product. That may involve contract manufacturing."
He rules out selling the plant, though. Mitsubishi at one point planned to sell a stake in the plant to DaimlerChrysler AG, but that is no longer being considered. Says Tozer: "It's our plant."