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Mitsubishi Motors Corp (7211.T)

7211.T on Tokyo Stock Exchange

706JPY
26 May 2017
Change (% chg)

¥-12 (-1.67%)
Prev Close
¥718
Open
¥717
Day's High
¥718
Day's Low
¥706
Volume
4,627,800
Avg. Vol
12,129,454
52-wk High
¥781
52-wk Low
¥436

Latest Key Developments (Source: Significant Developments)

Nissan agrees to hold Mitsubishi Motors shares for next 10 years
Thursday, 13 Oct 2016 04:42am EDT 

Nissan Motor Co Ltd <7201.T>:Nissan says cannot sell Mitsubishi Motors shares within 10 years of closing of alliance deal with Mitsubishi, amended from 3 years previously agreed.  Full Article

Mitsubishi Motors North America posts Sept. sales of 7,191, down 4.8 pct
Monday, 3 Oct 2016 12:02pm EDT 

Mitsubishi Motors North America: Mitsubishi Motors reports September sales .Mitsubishi Motors North America reported September 2016 sales of 7,191 down 4.8 percent from September of 2015.  Full Article

SA's Competition Tribunal conditionally okays Tradehold-Imbali deal
Wednesday, 28 Sep 2016 11:33am EDT 

South Africa's Competition Tribunal: Approved merger whereby Tradehold intends to acquire Imbali Props 21, Saddle Path Props 69 and Collins Property Projects . Has approved with conditions merger of enX Group and Eqstra Newco, a wholly-owned subsidiary of Eqstra Holdings Ltd . Approved the proposed merger between Renault-controlled Nissan Motor Co. Ltd and Mitsubishi Motors Corporation (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Mitsubishi expects latest fuel economy revelation to have little impact on Nissan stake
Tuesday, 30 Aug 2016 05:46am EDT 

Mitsubishi Motors Corp <7211.T>: Says it expects the latest fuel economy revelation to have little impact on plans for Nissan Motor Co Ltd <7201.T> to take a stake in the embattled automaker . Says it plans to pay customers compensation of up to 100,000 yen ($978) each for additional models with overstated fuel economy . Says it will stop domestic sales of affected models ($1 = 102.3000 yen) (naomi.tajitsu@thomsonreuters.com).  Full Article

Eight Mitsubishi Motors models fail to meet stated fuel economy levels - Nikkei citing sources<7211.T>
Monday, 29 Aug 2016 04:59pm EDT 

Nikkei: Japanese government found eight more Mitsubishi Motors models do not deliver fuel economy performance as advertised - Nikkei citing sources . Transport ministry will announce its findings by Tuesday, will order Mitsubishi Motors to submit correct figures for offending vehicles - Nikkei .Mitsubishi Motors may consider compensating owners of 8 models in question if much difference between government findings and advertised figures - Nikkei.  Full Article

Mitsubishi Motors reports June sales
Friday, 1 Jul 2016 12:12pm EDT 

: Mitsubishi Motors reports June sales .Mitsubishi Motors North America, Inc reported June 2016 sales of 8,023, up one percent from June of last year.  Full Article

Mitsubishi Motors issues recalls in Japan over Takata air bag inflators
Thursday, 30 Jun 2016 01:30am EDT 

Mitsubishi Motors Corp <7211.T>:.  Full Article

Mitsubishi Motors expects 145 billion yen net loss this FY
Tuesday, 21 Jun 2016 11:16pm EDT 

Mitsubishi Motors Corp <7211.T>: Mitsubishi Motors says expects 145 billion yen ($1.4 billion) net loss for this FY For a table click on: [nXB1TB2B58] Further company coverage: [7211.T] ($1 = 104.4200 yen).  Full Article

Mitsubishi Motors sees consolidated net loss of over $956 mln for current FY ending in March - Nikkei
Tuesday, 21 Jun 2016 03:51pm EDT 

Nikkei: Mitsubishi Motors' tax burden, related to additional vehicle tax on behalf of customers, is projected to jump to between JPY 8 bln - JPY 9 bln this FY - Nikkei . Mitsubishi Motors to book 50 bln yen in extraordinary losses for current FY, chiefly from payments to owners of four minicar models affected - Nikkei . Mitsubishi Motors likely will suffer a consolidated net loss of over 100 bln yen ($956 mln) for current fiscal year ending in March - Nikkei .Mitsubishi Motors aims to resume production and sales of the minicars around early July at the soonest - Nikkei.  Full Article

Mitsubishi Motors CEO: Considering compensating suppliers for 2-month production stoppage
Monday, 20 Jun 2016 11:58pm EDT 

Mitsubishi Motors Corp <7211.T> Chief Executive Officer Osamu Masuko says: Setting aside 8-9 billion yen ($76 million-$86 million) for possible reimbursement payments related to mileage cheat . Considering compensating parts suppliers for 2-month production stoppage .Hopes scandal-related costs will be contained in current financial year.  Full Article

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Nissan forecasts profit fall, catch up in U.S. truck market

(This version of the article corrects 10th graf in story from May 11 to clarify that the sale of Nissan's stake in Calsonic Kansei did not contribute to operating profit last year)