Only four years ago, Mitsubishi Motors Corp. was on the verge of bankruptcy, and many were writing its epitaph. But last fiscal year, ended March 31, 2008, the Japanese auto maker’s operating profits spiked to ¥108.6 billion ($1.2 billion) for a remarkable 169% gain on like-2007, before plunging to ¥9.9 billion ($107 million) in the first three quarters of the current fiscal year. Mitsubishi now expects fiscal 2009 to end next month with operating profits plummeting to ¥5 billion ($54 ...
Premium Content (PAID Subscription Required)
"Mitsubishi Sees Hard-Earned Gains Slip Away in Global Economic Downturn" 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