Mitsubishi Motors sales sliding

[BoEinG_747]

TOKYO— Ailing carmaker Mitsubishi Motors said Tuesday it nearly halved losses in the three months to June but this was largely because it was in so much trouble a year ago but its sales continued on the slide.

Mitsubishi, Japan's only automaker in the red, said its net loss came to 21.65 billion yen (194 million dollars) in the April-June term against the year-earlier loss of 54.69 billion yen.

Recurring losses in the first quarter narrowed to 19.98 billion yen from 39.02 billion yen while sales fell another 12.9 percent to 485.83 billion yen.

Mitsubishi Motors' sales plunged in Japan last year due to a series of vehicle defect cover-up scandals.

Global sales of Mitsubishi Motors-brand vehicles in the quarter dropped by 12,000 units to 326,000, led by lower sales in the United States.

In Japan, sales dropped 1,000 to 48,000 cars in the quarter but in May, sales actually rose for the first time in 17 months.




TOKYO— Ailing carmaker Mitsubishi Motors said Tuesday it nearly halved losses in the three months to June but this was largely because it was in so much trouble a year ago but its sales continued on the slide.

Mitsubishi, Japan's only automaker in the red, said its net loss came to 21.65 billion yen (194 million dollars) in the April-June term against the year-earlier loss of 54.69 billion yen.

Recurring losses in the first quarter narrowed to 19.98 billion yen from 39.02 billion yen while sales fell another 12.9 percent to 485.83 billion yen.

Mitsubishi Motors' sales plunged in Japan last year due to a series of vehicle defect cover-up scandals.

Global sales of Mitsubishi Motors-brand vehicles in the quarter dropped by 12,000 units to 326,000, led by lower sales in the United States.

In Japan, sales dropped 1,000 to 48,000 cars in the quarter but in May, sales actually rose for the first time in 17 months.

[nugundam93]

olats. they need more exciting stuff.

like slap a 2.4L mivec onto the current lancer. heheheh...

[theveed]

They dont have money... dati pa pabagsak ang mitsu eh... dito lang ata nabebenta mga cars nila dahil sa pajero.

[BlueBimmer]

another reason to avoid mitsu vehicles hehe

[EL Chicane]

dito lang ata nabebenta mga cars nila dahil sa pajero.

Pards, I'm sure they sold more Adventures than Pajeros.

[BoEinG_747]

They dont have money... dati pa pabagsak ang mitsu eh... dito lang ata nabebenta mga cars nila dahil sa pajero.

pati yata ADVENTURE..dito lang din sila bumabawi sa pinas

[bad driver]

You can do it Mitsu!!!! hehehehe.

[theveed]

yung new lancer ng friend ko grabe ang daming tinipid na details, solid mitsu kasi yung tatay hehe... 4 months palang kalampagin na.

[BlueBimmer]

2005 lancer kalampagin na?? shame on mitsu...

[BoEinG_747]

2005 lancer kalampagin na?? shame on mitsu...

tutuo ito ..bumiyahe kami ng tropa seating capacity lang kami ..everytime na lulubak kami natunog ang ilalim ..sa ilalim tumutukod yata sa shox ..pero stock pa lang naman ang lahat bago pa kasi

,,,after ng long trip namin na iyon di na nawala ang kalampag ...

cguro natapat lang na lemon ang nakuha niya sa CASA...sana ..

wawa naman ang MITsu lancer

[boybi]

yung new lancer ng friend ko grabe ang daming tinipid na details, solid mitsu kasi yung tatay hehe... 4 months palang kalampagin na.

yung sa friend ko rin, nasira yung CVT tranny, P400K daw ang replacement tranny, buti nalang under warranty pa.

[theveed]

yes, the adventure nga pala... but still... it'll only be a matter of time until a buyout/acquisition or closure.

[bad driver]

yes, the adventure nga pala... but still... it'll only be a matter of time until a buyout/acquisition or closure.

maybe we can pool our money and buy mitsu?

[theveed]

its simple eh, a manufacturer cannot possibly give you good reliable product if they dont have money, they will have to cut corners somewhere...

i remember my friend when nasa US pa kami, his GF was driving an E36 318is (coupe) bought bnew 1997, he bought a bnew 3000GT (N/A) late 98, 2-3 months into ownership of the 3000GT, the whole rear interior is squeaking like a cheap Cavalier... Ayaw magalign passenger window. 8 months later binenta nya and got a used Volvo turbo wagon hehe.

[luckytruck]

dream car ko pa naman ang gen 3 pajero at evo 9

sana bilhin na sya ng VW group or any other group na wala pang Japanese partner.

andy

[revoGSX]

mabagal mag-INNOVAte ang mitsu kaya sila natatalo..
yung crosswind kahit overpriced eh madami pa din bumibili dahil sa porma at marketing hehe

[BlueBimmer]

dpat acquire nalang ng Honda para panlaban sa Toyota giant..

[bad driver]

i can attest to the mitsu kalampags on the interior... tho maybe the sound setups had contributed to it too

Go mitsu!!!! hehehe

[oldblue]

lalo naman yun L300FB, subukan mo lumabas ka kahit anong kalye, sigurado may makikita kang L300FB hehehe.

[BoEinG_747]

lalo naman yun L300FB, subukan mo lumabas ka kahit anong kalye, sigurado may makikita kang L300FB hehehe.

mostly its a company service van or delivery van

kaya dumami user nito ...

kahit sa amin ganyan din ang pandeliver ...