UPDATE 3-Mitsubishi Motors slashes outlook, hit by US woes

Newswire

(Adds company comments) By Edwina Gibbs TOKYO, July 24 (Reuters) - Mitsubishi Motors Corp slashed its half-year and full-year earnings outlook on Thursday, battered by special loss charges at its North American finance unit and weak sales in the U.S. market. Unveiling numbers that surprised and worried analysts, Japan's fourth-largest automaker said it would fall deep into the red for the half year, forecasting a group net loss of 80 billion yen ($673.7 million) for the April-September ...

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