By Daniel Hunter

Mitsubishi Motors have confirmed that they will cease production at its only plant in Western Europe.

"Mitsubishi Motors Corporation (MMC) announced it has made a decision that it will not allocate a new model at its subsidiary European production site Netherlands Car B.V. (NedCar) for production from 2013 and beyond," a statement on the firm's website read.

"Due to the wildly fluctuating operating environment which automobile manufacturers currently face, MMC (Mitsubishi Motors) could not come up with a reasonable solution to utilise NedCar [Netherlands Car]."

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