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Mitsubishi Reports Record Profit for Fiscal Year 2012/2013


Mitsubishi’s net profit for financial year ended March increased 58.7% to record 38.0 billion yen ($382.4 million). Mitsubishi managed to reach the record profit thanks to Japan’s green car subsidies, costs cuts and the yen’s fast depreciation. For the first quarter the automaker reported an operating profit of 26.5 billion yen, up 5.2% compared with the same period last year. For ...
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GM Reaches Record Sales in China During March and First Quarter
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GM Reports Record Sales in China for January
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