Mitsubishi Motors receives ‘A.E.O’ certification

21/02/2012

The Mitsubishi brand has received a further boost to its already high profile as a result of being awarded the status of “Authorised Economic Operator” by the European Commission.

The certificate is part of the EU’s mission to combat terrorism .The EU body has introduced a series of rigorous new measures designed to enhance supply chain security within the region. Putting in place an “Authorised Economic Operator” accreditation across the EU will also help to support international supply chain security.

A.E.O certification could see the EU sales of Mitsubishi Motors Europe B.V. (MME) soar, as buyers gain ultimate assurance through the EU Commission’s stamp of approval for car manufacturers.

This A.E.O. system will have a bearing on every element of Mitsubishi’s work that involves international trade and could change the shape of systems, supply chains and the relationship between buyer and seller, in addition to customs protocol. A.E.O status will then be essential for any car manufacturers that don’t want to face setbacks in their international supply chains.

Manufacturers are being encouraged to push for A.E.O status, as the certification provides a host of benefits that include cost savings. The benefits of A.E.O status include: less physical border controls, a more fluid reporting system, a reduced customs risk rating and priority access for goods selected for examination.

Commenting on the newly awarded status, Akinori Nakanishi, President & CEO of Mitsubishi Motors Europe B.V. said; “Mitsubishi Motors Europe sees A.E.O. compliance as a tool to strengthen its European sales and after-sales business. In particular, this partnership between EU customs authorities and international corporations like ours is most important for the security of our global supply chain. The A.E.O. certification will also bring further controlling of our own processes and standards, to the benefit of our service to Mitsubishi Motors customers in Europe.”

With sales in the European car market continuing to fall, (the GM group recently announced pre-tax losses of £447 million in the European market), EU car manufacturers may herald A.E.O as a genuine step in the right direction for the region’s economic recovery.

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