RPT-Mitsubishi Motors says to get $4 bln bail-out


TOKYO, May 21 (Reuters) - Mitsubishi Motors Corp (MMC) said on Friday it would receive 450 billion yen ($4 billion) in aid from the Mitsubishi group and other sources to fund a revitalisation of its battered operations. Announcing a keenly awaited rescue package, delayed for three weeks after DaimlerChrysler AG refused to take part, Japan's fourth-largest car maker said it aimed to show a recurring profit by the business year starting next April. Its three main shareholders in the ...

Premium Content (PAID Subscription Required)

"RPT-Mitsubishi Motors says to get $4 bln bail-out" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Dec 6, 2016

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More


Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×