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Chrysler departed the Australian automotive market in 1981 when it offered the rest of its shareholding in Chrysler Australia Ltd to the Mitsubishi Motor Corporation of Japan. The new proprietor renamed the company Mitsubishi Motors Australia and this firm continues to function today as certainly one of Australia’s main importers of road vehicles. However, native production of passenger vehicles was discontinued in March 2008.
The 2000s also saw the introduction of dual gas choices to run on petrol and CNG, which is more affordable and cheaper than petrol within the nation. The firm’s operation activities have been divided into four segments, Chassis Systems, Occupant Safety Systems, Electronics, and Automotive Components. According to its sales statistics, in 2003, TRW Automotive was the eighth largest automotive supplier worldwide and the seventh-largest firm within the Detroit Metro Area. Hindustan Motors was …
