Mit­subishi posts $453m profit

NT News - Motoring - - CARS GUIDE -

MIT­SUBISHI Mo­tors has posted an 189 per cent in­crease in op­er­at­ing profit to $453 mil­lion for the 2010 Ja­panese fi­nan­cial year. The car maker said the in­crease was a re­sult of higher sales vol­umes in emerg­ing mar­kets and the re­lease of new mod­els. The sales vol­ume in­creases had com­bined with cost re­duc­tions to help coun­ter­act the neg­a­tive im­pact of the strong yen, Mit­subishi said.

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