TOKYO – Mitsubishi Motors Corp. President Osamu Masuko is hoping to work his magic a second time. Having engineered a dramatic reversal of the auto maker’s fortunes after assuming the presidency in January 2005, the 60-year-old Masuko now faces what could be an even greater challenge as the global economy sinks deeper into a protracted recession. After reporting record earnings of ¥108.6 billion ($1.2 billion) in fiscal 2007, Mitsubishi is targeting a slim operating profit of ¥5.5 ...

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