Friday, January 31, 2020

Mitsubishi slumps to quarterly loss, multiplying alliance woes

The automaker reported an operating loss of 6.6 billion yen ($60.5 million) as slackening demand in key markets such as Japan, China and Southeast Asia undercut returns. Alliance partners Renault and Nissan are under similar pressure from volatile sales and slumping profits.



from Section Page News - Automotive News https://ift.tt/2u4VyZO

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