Around the Net
Wait...What? Mitsubishi Sales Did What?
- Automotive News, Thursday, October 30, 2014 9 AM
Mitsubishi is no Isuzu. The automaker has quietly seen net income rise 8% in the latest quarter, aided by results in North America. That's right, North America, where the company's U.S. light-vehicle sales surged 29% during the quarter. Mitsubishi’s North American operations has an operating profit of $6.4 million from an operating loss of $8.2 million a year earlier, as revenues rose 9%. In Europe, operating profits more than doubled. You can't keep a good man down.
