Mitsubishi Motors swings to operating profit in Q2
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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 Xpander seven-seater multipurpose vehicles in Indonesia.
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