Filed under: Earnings/Financials,Mitsubishi
Mitsubishi Motors Corp on Friday posted a surprise operating loss in the third quarter, its worst quarterly performance in more than three years, hurt by falling sales in China, Japan and Southeast Asia, as well as a stronger yen. It was the firm's biggest loss since the July-September 2016 quarter, when a mileage cheating scandal sapped profits. The automaker's net loss for the quarter just ended came in at 14.4 billion yen.
Continue reading Mitsubishi Motors posts surprise loss as car sales slide
Mitsubishi Motors posts surprise loss as car sales slide originally appeared on Autoblog on Fri, 31 Jan 2020 10:50:00 EST. Please see our terms for use of feeds.
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