Beleaguered automaker Mitsubishi has managed to decrease its losses substantially from year-ago figures, losing $543M so far during the first half of 2005. That's a lot of money by anyone's measure - and it's huge in comparison to the company's sales of $8.4B over the same period - but it does represent a 65% decrease from the losses incurred in the first half of 2004. The company is still struggling to regain a foothold in its home market of Japan as well as here in the US, but its presence in the European market is growing and helping to drive increased worldwide sales.
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