Mitsubishi Motors plans to enter Iranian market

Newswire

TOKYO, June 20 (Reuters) - Loss-making Japanese auto maker Mitsubishi Motors Corp. said on Monday it planned to enter the Iranian market by the end of this month in a bid to revive itself by boosting sales in overseas markets. MMC, which is battling a tattered reputation from a high-profile series of recalls and arrests of former executives after it concealed safety-related defects, said it aimed to sell 700 Pajero sport utility vehicles in Iran by March 2006. "Our brand image is good in ...

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