TOKYO, April 24 (Reuters) - Mitsubishi Motors Corp, Japan's fourth-largest automaker, said on Thursday big cost cuts helped profits more than double last year, but analysts believe a soggy U.S. economy and intense competition will restrict growth this year. Mitsubishi reported a preliminary group operating profit of 83 billion yen ($689 million) for the year to March 31. That was up from 40.23 billion yen a year earlier and better than the average analyst forecast for 79 billion yen as ...
Premium Content (PAID Subscription Required)
"Mitsubishi Motors doubles annual op profit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642