Tuesday, May 01, 2007

Mitsubishi Motors back in black for first time since 2002

26th April 2007
Mitsubishi Motors Corporation (MMC) today announced its results for the year ending March 31, 2007, together with forecasts for the year ending March 31, 2008. Consolidated sales for fiscal 2006 totalled 2 trillion, 202.9 billion yen: an increase of 82.8 billion yen over the previous fiscal year. Favourable yen exchange rates and a more profitable model mix more than offset decreases in retail sales volume and in the OEM supply volume resulting from the ending of the production of the smart forfour model at the MMC/DaimlerChrysler Nedcar plant in the Netherlands.
Read full report here.

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