Mitsubishi Motors Corp. President Katsuhiko Kawasoe refutes merger rumors and counters speculation about the Japanese automaker's waning interest in the U.S. market by confirming plans to debut a new small sport/utility vehicle. As industry consolidation picks up speed and as Mitsubishi works to restructure its way back to profitability, Mr. Kawasoe wants people to know there is no grand merger in Mitsubishi's future — at least not for now. “Many observers argue for merger, first and ...
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