UPDATE 3-Mitsubishi Motors gets $4 bln bailout

Newswire

(Writes through with details from news conference) By Chang-Ran Kim, Asia auto correspondent TOKYO, May 21 (Reuters) - Mitsubishi Motors Corp said on Friday it had secured $4 billion in emergency rescue funds to shore up its balance sheet and fix its operations, hit hard by a dismal performance in the crucial U.S. market. Japan's fourth-largest car maker vowed a return to profit by the business year starting next April through a restructuring that will see it close a plant in Japan and ...

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