Results 1 to 10 of 44
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August 4th, 2005 09:55 PM #1
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.
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August 5th, 2005 01:24 AM #2
olats. they need more exciting stuff.
like slap a 2.4L mivec onto the current lancer. heheheh...
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August 5th, 2005 02:03 PM #3
They dont have money... dati pa pabagsak ang mitsu eh... dito lang ata nabebenta mga cars nila dahil sa pajero.
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August 5th, 2005 02:57 PM #6
yung new lancer ng friend ko grabe ang daming tinipid na details, solid mitsu kasi yung tatay hehe... 4 months palang kalampagin na.
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August 5th, 2005 04:08 PM #8Originally Posted by theveed
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August 5th, 2005 04:10 PM #9Originally Posted by theveed
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August 5th, 2005 04:21 PM #10
yes, the adventure nga pala... but still... it'll only be a matter of time until a buyout/acquisition or closure.
Babala! Sarado at Ginagawa mga south bound flyovers along c5. Medyo mabagal Ang daloy kanina Ng...
Traffic!