UPDATE 1-Mitsubishi Motors loses $4.39 bln in 04/05

Newswire

(Recasts, adds company comment, details) By Chang-Ran Kim, Asia auto correspondent TOKYO, May 23 (Reuters) - Hit by plunging sales in the United States and Japan, Mitsubishi Motors Corp. (MMC) sank deeper into the red last year and projected another year of loss on Monday as it struggles to patch up its brand image. While other Japanese auto makers are cruising past the competition overseas, MMC is battling a tattered reputation from a high-profile series of recalls and arrests of ...

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