Mitsubishi Motors posts surprise loss as car sales slide
Filed under: Earnings/Financials,Mitsubishi
Mitsubishi Motors Corp on Friday posted a surprise operating loss in the third quarter, its worst quarterly performance in more than three years, hurt by falling sales in China, Japan and Southeast Asia, as well as a stronger yen. It was the firm's biggest loss since the July-September 2016 quarter, when a mileage cheating scandal sapped profits. The automaker's net loss for the quarter just ended came in at 14.4 billion yen.Continue reading Mitsubishi Motors posts surprise loss as car sales slide
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