UPDATE 3-Mitsubishi Motors sees slower profit growth

Newswire

(Adds company comments from news conference) By Chang-Ran Kim and Edwina Gibbs TOKYO, May 26 (Reuters) - Japan's Mitsubishi Motors Corp forecast on Monday a sharp slowdown in profit growth this year, warning of an earnings drop in the key U.S. market and a long haul before it breaks even at home. Japan's fourth-largest automaker, owned 37 percent by DaimlerChrysler AG , said it expected group operating profit to rise 8.7 percent to 90 billion yen ($770 million) in the year to next ...

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