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Mitsubishi Motors Corp (7211.T)

7211.T on Tokyo Stock Exchange

820JPY
20 Nov 2017
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Mon, Nov 6 2017

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Mitsubishi Motors swings to operating profit in second quarter

TOKYO Mitsubishi Motors Corp said on Tuesday it swung to an operating profit for the second quarter, beating expectations as it rebounded from a mileage-cheating scandal a year earlier helped by cost cuts and favorable exchange rates.

UPDATE 1-Mitsubishi Motors swings to operating profit in Q2

* H1 Japan vehicle sales climb 48 pct on rebound from scandal

Mitsubishi Motors swings to operating profit in Q2

TOKYO, Nov 7 Mitsubishi Motors Corp on Tuesday swung to an operating profit of 23.6 billion yen ($207.27 million) for the second quarter, from a loss posted a year ago when the Japanese automaker suffered losses due to a mileage-cheating scandal.

BRIEF-Mitsubishi Motors' sales seen edging up 4 pct for April-Sept half - Nikkei

* Mitsubishi Motors expected to post a group operating profit of about 40 billion yen for April-Sept half - Nikkei‍​

BRIEF-Mitsubishi Motors to invest more than 10 billion yen to add lines at Hunan Province Plant- Nikkei

* Mitsubishi Motors to invest more than 10 billion yen to add lines at Hunan Province Plant- Nikkei

Mitsubishi Motors to seek growth in China, U.S. as it moves on from scandal

TOKYO Mitsubishi Motors Corp said it plans to boost sales by 30 percent over three years, setting ambitious goals for growth in China and the United States as well as a comeback in Japan where has been hobbled by a mileage cheating scandal.

UPDATE 2-Mitsubishi Motors to seek growth in China, U.S. as it moves on from scandal

* First mid-term plan since mileage cheating scandal (Adds regional sales targets, profitability goals)

Mitsubishi Motors checking how Kobe Steel parts affected by false data

TOKYO Mitsubishi Motors Corp is investigating how components from suppliers containing Kobe Steel Ltd parts have been affected by the steelmaker's falsified data on product quality, the chief executive of the carmaker said on Wednesday.

Mitsubishi Motors checking how Kobe Steel parts affected by false data

TOKYO, Oct 18 Mitsubishi Motors Corp is investigating how components from suppliers containing Kobe Steel Ltd parts have been affected by the steelmaker's falsified data on product quality, the chief executive of the carmaker said on Wednesday.

Mitsubishi Motors eyes 30 pct rise in vehicle sales in 3 years

TOKYO, Oct 18 Mitsubishi Motors Corp on Wednesday said it planned to boost revenue and annual car sales by 30 percent in the next three years and crank up R&D investment as the Japanese automaker expands its presence in Asia, the U.S. and China while it draws a line under last year's mileage cheating scandal.

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