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Mitsubishi Motors reports strong profit growth for April – December 2012


Mitsubishi Motors Corporation has posted a net profit up 27 percent for the nine months to December, due to higher sales in Asia and cost cuts. Mitsubishi Motors Corporation (MMC) posted an ordinary income of 52.4 billion yen, an increase of 81 percent (23.5 billion yen) over the first three quarters of fiscal year 2011. The company also posted a net ...
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Mitsubishi plans to double U.S. output
Japanese carmaker Mitsubishi Motors Corp plans to double production at its plant in Illinois to 70,000 vehicles a year, Nikkei reports. According to the report, Mitsubishi Motors North America Inc. will ...
Mitsubishi Ends Production in Europe at the End of 2012
Mitsubishi Motors Corp. announced that it will stop production in Europe at the end of 2012, underlining growing excess capacity in the region as demand slackens amid the government-debt crisis. The ...
Recall roundup: 15.080 Mazda vehicles
The Japanese based automaker Mazda has recently announced a recall which will affect 15.080 vehicles of the Bongo, Vanette and Delica models, because of a problem with the gas pedal ...
Thai floods: Nissan, Mitshubishi resume production in Samut Prakan and Laem Chabang
Nissan Motor Co., Japan’s second- biggest automaker, began limited production at the Nissan plant in Samut Prakan as expected, on November 14. In addition, Mitsubishi Motors Corp., which halted production Oct. ...
Thai Floods: Mitsubishi plant down until 5 November
According to the latest company updates, Mitsubishi Motors extended the closure until 5 November for its plant in Thailand, which is being shut since 13 October due to massive flooding ...
Thai flood cuts Mitsubishi’s 2011 profit, quarter financial results released
Mitsubishi Motors Corp. reported that is expecting a profit loss of 130 billion yen due to the floods in Thailand as the output was affected by factory closures and supply ...

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