Mitsubishi Fights Heavy Traffic In Bid to Regain Market Share

Article Abstract:

Japan's Mitsubishi Motors Corp. has reported it will have a 140 billion yen loss for the year ending March 31. Mitsubishi, which has been hurt by a scandal involving the concealment of vehicle defects, is reorganizing its quality-control and customer service departments in a bid to increase market share.

Market share

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Mitsubishi Motors' loss widens as sales decline

Article Abstract:

Mitsubishi Motors Corp. posted a 278.14 billion yen (2.56 billion euros) group net loss for the year ending March 31, 2001. The loss, compared to 23.33 billion yen net loss a year earlier, represents the largest fiscal-year loss in the company's history.

Sales, profits & dividends, Finance

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Nissan is discussing possibility of making vehicles in China

Article Abstract:

Nissan Motor Co. is considering the possibility of assembling cars in China. The company is currently engaged in talks with an unnamed Chinese partner for a possible venture in China.

China, Strategy & planning, Planning, Nissan Motor Company Ltd.

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