Mitsubishi Motors posts net loss of JPY 198.5 billion for FY 2016

On May 9, 2017, Mitsubishi Motors Corporation announced its financial results for FY 2016 (April 2016 to March 2017). The company reported the net loss of JPY 198.5 billion due to the extraordinary loss of JPY 165.5 billion reflecting the fuel efficiency scandal and payments to customers.
An operating profit declined....

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