SUBSCRIBERS
Mitsubishi Motors swings to operating profit in Q2
Published Tue, Nov 7, 2017 · 09:50 PM
Tokyo
MITSUBISHI Motors Corp said on Tuesday that it has swung to an operating profit for the second quarter, beating expectations as it rebounded from a mileage-cheating scandal a year earlier, helped by cost cuts and favourable exchange rates.
Healthy demand in South-east Asia, Mitsubishi's top market, also lifted earnings with the carmaker saying it was seeing strong orders for its new …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan
Volvo Cars see good demand this year after higher Q1 unit sales