TOKYO — Mitsubishi Motors Corp. officials vow to bring the debt-laden company back to a breakeven point in the new fiscal year, beginning April 1, through a US$861.1 million to US$1.3 billion turnaround plan. The scheme laid out by DaimlerChrysler AG-appointed Mitsubishi Chief Operating Officer Rolf Eckrodt hinges long-term success on the reduction of platforms. Mitsubishi, through its collaboration with DC, which owns a controlling 34% of the Japanese automaker, plans to reduce ...
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