Mistubishi Motors Still In Red Ink

Mitsubishi Motors is one of the few companies that is NOT rolling in dough. The company has seen three years in a row of red ink.

Mistsubishi Motors is working to regain trust shattered by a recall scandal it dealt with several years ago.

The fact that losses are narrower now than past years is a bit of good news. "Well…we aren’t losing as much money as we used to."

Sales volume was up in Japan by 6,000 units. Sales volume was also up in the US by 3,000 cars.

If business picks up in these two markets for Mitsubishi, the red could turn to black soon enough.

What do you think?