Mitsubishi Motors to post Y80 bln net loss - NHK

Newswire

TOKYO, Feb 19 (Reuters) - Embattled Japanese auto maker Mitsubishi Motors Corp is likely to post a group net loss of 80 billion yen ($750 million) for the year ending March 31, national broadcaster NHK reported on Thursday. In November, Mitsubishi Motors, owned 37 percent by DaimlerChrysler AG , had forecast a net loss of 11 billion yen. Last year, it made a profit of 37.36 billion yen. The auto maker is scheduled to report third-quarter sales figures later on Thursday, and is widely ...

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