. >> talk to you in a few hours, japanese automaker mitsubishi motors wants to grab a bigger share of the auto market in southeast asia. mitsubishi officials held a groundbreaking ceremony in the west java province. the new plan will cost about 500 million dollars to build. company executives say up to 160,000 vehicles a year are scheduled to roll out of the new factory. that would be twice the firms current production capacity in indonesia. the plant will build small multipurpose vehicles. some will be exported to other southeast asian countries. >> expanding the region is a core-mark et for mitsubishi motors. and especially one of the most important strategies as it is expected to achieve further growth. >> mitsubishi officials say the plant will make them the second major regional hub after thailand. 1.2 million cars were sold in indonesia last year more than double the number in 2010. millions of people walk-through london's piccadilly circus each ye. the centerpiece of that ssuporrabsirste in a quarter of a ceury. the contract for the current occupant japan's tdk is up. the elect

well japan's mitsubishi motors wants to grab a bigger share of the largest auto market in southeast asiaso they're building a new plant in indonesia. mitsubishi officials had a groundbreaking ceremony in the country's west java province. the new plant will cost about $500 million to build, and it's set to start production in 2017. company executives say up to 160,000 vehicles a year are scheduled to roll out of the new factory. that would be twice the firm's current production capacity in indonesia. the plan will mainly build small, multipurpose vehicles. some will be exported to other southeast asian countries. >> expanding asean region is the core market for mitsubishi motors, and officially indonesia is one of the most important democratic markets. this is expected to achieve product growth. >> mitsubishi officials say the new plant will make indonesia the company's second major regional hub, right behind thailand. 1.2 million cars were sold in indonesia last year. that's more than double the number in 2009. >>> executives at one of japan's major trading houses say they expect to book