New and Used Car Talk Reviews Hot Cars Comparison Automotive Community

The Largest Car Forum in the Philippines

Page 1 of 5 12345 LastLast
Results 1 to 10 of 44
  1. Join Date
    May 2005
    Posts
    8,078
    #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.

  2. Join Date
    Jan 2005
    Posts
    4,866
    #2
    olats. they need more exciting stuff.

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

  3. Join Date
    Oct 2002
    Posts
    13,415
    #3
    They dont have money... dati pa pabagsak ang mitsu eh... dito lang ata nabebenta mga cars nila dahil sa pajero.

  4. Join Date
    Dec 2003
    Posts
    11,317
    #4
    another reason to avoid mitsu vehicles hehe

  5. Join Date
    Oct 2004
    Posts
    556
    #5
    You can do it Mitsu!!!! hehehehe.

  6. Join Date
    Oct 2002
    Posts
    13,415
    #6
    yung new lancer ng friend ko grabe ang daming tinipid na details, solid mitsu kasi yung tatay hehe... 4 months palang kalampagin na.

  7. Join Date
    Dec 2003
    Posts
    11,317
    #7
    2005 lancer kalampagin na?? shame on mitsu...

  8. Join Date
    May 2005
    Posts
    689
    #8
    Quote Originally Posted by theveed
    dito lang ata nabebenta mga cars nila dahil sa pajero.
    Pards, I'm sure they sold more Adventures than Pajeros.

  9. Join Date
    May 2005
    Posts
    8,078
    #9
    Quote Originally Posted by theveed
    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

  10. Join Date
    Oct 2002
    Posts
    13,415
    #10
    yes, the adventure nga pala... but still... it'll only be a matter of time until a buyout/acquisition or closure.

Page 1 of 5 12345 LastLast
Mitsubishi Motors sales sliding