Mitsubishi recorded $4.4 billion in loses for the fiscal year ended March 31. Last year the automaker lost $2 billion. The dying product mix in the U.S. is nothing compared to the problems they face in Japan after the "hide the defects so we don't have to pay for a recall" scandal. The losses were slightly worse than what it had forecast in January. Mitsubishi hopes the new Eclipse will start a whirlwind of sales, but right now we just feel a slight breeze. We'll know more with June sales figures.



I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • Cars for Sale Near You

    Share This Photo X