
Recalls followed.....
Then Mitsubishi revealed that there was more wrong than it had initially admitted.
Red ink followed.
Japan's number four automaker, behind Toyota, Honda and Nissan finally crawled back into the black last quarter - 4.3 billion yen net profit. That's about $35
Any of the American carmakers would be happy to make a profit.
Shoot they'd be happy to just not be losing billions of dollars every year.
Four major carmakers in Japan...all in the black.
All American carmakers are in the red.
What's the difference?
What do you think?








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