FILE PHOTO: A Mitsubishi Motors signage is pictured next to a Mitsubishi Motors electric car at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su TOKYO (Reuters) – Shares of Japan’s Mitsubishi Motors Corp (7211.T) plunged more than 10% to an all-time low on Tuesday after the automaker posted dismal sales in… Continue reading Mitsubishi Motors tumbles to all-time low on ‘shocking’ ASEAN sales plunge
Tag: Mitsubishi
Mitsubishi Is In Trouble, Freezes New Car Launches In Europe
Mitsubishi (part of the Renault-Nissan-Mitsubishi Alliance) announced a bunch of bad news on July 27, 2020 starting with a very poor financial report. For the fiscal year ending March 2021, the Japanese company anticipates an operating loss of 140 billion yen ($1.33 billion). It will be the second year of losses in a row, and… Continue reading Mitsubishi Is In Trouble, Freezes New Car Launches In Europe
Mitsubishi Motors losses to hit $3.4bn in FY2020 due to COVID
TOKYO — Mitsubishi Motors said on Monday it expects a group net loss of 360 billion yen ($3.4 billion) for the year ending March 2021, marking the second straight year of red ink, as sales cratered due to the coronavirus pandemic. Mitsubishi, which is owned 34% by Nissan Motor, expects sales to drop 35% to… Continue reading Mitsubishi Motors losses to hit $3.4bn in FY2020 due to COVID
Mitsubishi Motors sees loss for second year in a row, will discontinue Pajero SUV
TOKYO (Reuters) – Japan’s Mitsubishi Motors Corp (7211.T) on Monday forecast its second straight year of losses hurt by a plunge in sales due in part to the coronavirus pandemic. FILE PHOTO: Mitsubishi Mi-Tech concept car is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun/File Photo Japan’s No. 6… Continue reading Mitsubishi Motors sees loss for second year in a row, will discontinue Pajero SUV
@Mitsubishi: MITSUBISHI MOTORS Announces Its First-Quarter Financial Results for FY 2020 and Forecast for FY 2020
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@Mitsubishi: Mid-Term Business Plan “Small but Beautiful”
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@Mitsubishi: Announcement of FY2020 First-Quarter Financial Results
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Mitsubishi Motors forecasts full-year loss due to falling car sales
FILE PHOTO: Mitsubishi Mi-Tech concept car is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun/File Photo TOKYO (Reuters) – Japan’s Mitsubishi Motors Corp (7211.T) on Monday forecast an operating loss of 140 billion yen ($1.33 billion) in the year to March as the automaker battles a fall in demand… Continue reading Mitsubishi Motors forecasts full-year loss due to falling car sales
Nissan plots large electric SUV with 500km range
Nissan’s electric line-up could soon include a large SUV, joining the Leaf and the new Ariya SUV that will be launched in late 2021. As Nissan’s third bespoke electric model, a large SUV is a natural next step given the demand for such vehicles in China and the US, as well as the company’s role in the Renault-Nissan-Mitsubishi Alliance to lead projects involving… Continue reading Nissan plots large electric SUV with 500km range
Ex-Nissan boss Ghosn says Renault-Nissan financial results ‘pathetic’ – The Japan Times
Paris – Former Nissan Motor Co. Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results “pathetic,” driven as much by a lack of joint leadership than the COVID-19 pandemic. Ghosn, who was also the chairman of Mitsubishi Motors Corp., was arrested in… Continue reading Ex-Nissan boss Ghosn says Renault-Nissan financial results ‘pathetic’ – The Japan Times