INTERVIEW-Mitsubishi sees truck oper margin triple by 2005

Newswire

By Chang-Ran Kim MAKUHARI, Japan, Oct 29 (Reuters) - Japan's fourth-largest automaker, Mitsubishi Motors Corp , said on Tuesday it expects to triple its operating margin in the truck and bus business from the current 1.4 percent in the next two to three years. "My personal view is that without an operating margin of four or five percent, the business can't be called viable," Takashi Usami, president of Mitsubishi's Fuso truck unit, told Reuters in an interview on the sidelines of the ...

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