Tag - mitsubishi

 
 

MITSUBISHI

BUSINESS / Companies
Jun 8, 2016
Japan's biggest bank may cease underwriting JGB auctions as negative rates bite
The main lending unit of MUFG says it may quit as one of the 22 primary dealers that underwrite government bond auctions.
Japan Times
BUSINESS
Jun 7, 2016
Japan's trading houses trying to beat U.S. to Cuba
Japan's largest trading houses are positioning themselves in Cuba before any easing of U.S. sanctions, seeking opportunities in infrastructure, resources and automobiles as Havana emerges from near-isolation.
BUSINESS
Jun 6, 2016
Suzuki, MMC hit by minicar sales slump
Two Suzuki Motor Corp. minicar models were among the top 10 best-selling vehicles in Japan in May, but sales were still down on last year amid revelations of improper fuel-testing methods, industry data released Monday showed.
BUSINESS / Companies
Jun 1, 2016
Mitsubishi, Nissan see minicar sales plunge after fuel economy scandal
The nation's major minicar makers, including Mitsubishi Motors Corp. and Nissan Motor Co., saw their sales tumble in May in what is believed to be fallout from the fuel economy cheating scandal, data from an industry body showed Wednesday.
BUSINESS / Companies
May 25, 2016
Mitsubishi Motors books ¥19.1 billion charge over fuel efficiency scandal
Mitsubishi Motors Corp. Wednesday added a ¥19.1 billion special loss to its fiscal 2015 earnings due to the recent fuel efficiency manipulation scandal.
Japan Times
BUSINESS / Companies / FOCUS
May 19, 2016
Mitsubishi Motors scandal was an accident waiting to happen
It's a familiar Japanese corporate ritual: a deep bow before the cameras to atone for wrongdoing. And when it comes to the art of public mea culpa, few companies can top scandal-prone Mitsubishi Motors Corp.
Japan Times
BUSINESS / Companies
May 18, 2016
Suzuki latest automaker caught up in data debacle; Mitsubishi Motors says four further models affected
Suzuki Motor Corp. joins the list in admitting mistakes in measuring car fuel economy, saying its system is unapproved.
BUSINESS / Companies
May 17, 2016
Mitsubishi UFJ projects 11% lower profit amid negative rates
Mitsubishi UFJ Financial Group Inc. sees full-year profits falling 11 percent as negative interest rates squeeze loan profitability and the costs of bad loans increase.
BUSINESS
May 14, 2016
Japan automakers may be forced to adopt global standard for publishing fuel economy data
The government is studying the feasibility of requiring automakers to publish fuel economy data taken under multiple conditions in their sales brochures just like the rest of the world does, transport ministry sources said.
Japan Times
BUSINESS / Companies
May 13, 2016
Nissan faces uphill battle to help Mitsubishi Motors regain trust: Ghosn
Nissan Motor Co. President Carlos Ghosn said Friday the company will help Mitsubishi Motors Corp. under their planned tie-up to regain public trust damaged by a fuel economy scandal, although it will not be easy.
Japan Times
BUSINESS / Companies
May 13, 2016
Mitsubishi Motors fuel efficiency scandal may have been organized from top down
It's learned that a product development head consented to data fabrication in consultation with a testing subsidiary manager.
Japan Times
BUSINESS / Companies / FOCUS
May 13, 2016
How a confession turned into ¥237.4 billion bargain for Nissan
Two days before Mitsubishi Motors Corp. went public with news it had overstated the fuel economy of its cars, Chairman Osamu Masuko visited Nissan Motor Co. President Carlos Ghosn for a mea culpa. It did not take long for talk to turn from an apology to a deal.
Japan Times
BUSINESS / Companies
May 12, 2016
Stricken Mitsubishi Motors in talks with Nissan over ¥237 billion stake
Nissan Motor Co. is in talks to take a 34% stake in Mitsubishi Motors Corp., the automakers said Thursday.
Japan Times
BUSINESS / Companies
May 12, 2016
Mitsubishi Aircraft to pitch MRJ in Latin America
Mitsubishi Aircraft Corp. plans to step up its sales pitch for the Mitsubishi Regional Jet, Japan's first domestically produced passenger jet, particularly in Latin America, according to the chairman of its U.S. unit.
Japan Times
BUSINESS / Companies
May 11, 2016
Mitsubishi fuel-economy scandal spreads; at least two more models involved
Mitsubishi Motors Corp. said Wednesday it may have falsified data for the fuel efficiency tests of more vehicle models, including the nine models sold currently and in the past on top of the four already identified
BUSINESS / Companies
May 2, 2016
MMC mulls compensation for parts makers stung by mileage scandal
Mitsubishi Motors might compensate parts makers left in a lurch by its decision to suspend an Okayama minicar plant linked to its fuel-efficiency scandal.
BUSINESS / Companies
May 2, 2016
Mitsubishi Motors drags on Nissan as minicar sales fall 51%
Mitsubishi Motors Corp.'s fuel economy testing fraud has hit its partner Nissan Motor Co. in domestic showrooms, with the latter automaker posting a steeper plunge in April minicar sales and overall market share.
Japan Times
BUSINESS / Companies
May 1, 2016
Scandal-plagued Mitsubishi Motors reliant on ASEAN as redress claims brew
Mitsubishi Motors Corp., embroiled in a car-rigging scandal in Japan, may find that its future increasingly hinges on its performance in Thailand — the automaker's biggest overseas production base.
BUSINESS / Companies
Apr 28, 2016
Government to do its own tests on Mitsubishi vehicles as performance scandal widens
The transport ministry will begin collecting data on four models next week and announce the results in June.
Japan Times
BUSINESS / Companies
Apr 27, 2016
Mitsubishi skips forecast, says domestic orders have halved
Mitsubishi Motors Corp. on Wednesday abstained from releasing a forecast for fiscal 2016 as a scandal involving falsified fuel efficiency figures threatened to be a road wreck for the automaker.

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