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Mitsubishi Motors Corp (7211.T)

7211.T on Tokyo Stock Exchange

880JPY
18 May 2018
Change (% chg)

¥-2 (-0.23%)
Prev Close
¥882
Open
¥883
Day's High
¥888
Day's Low
¥873
Volume
6,802,800
Avg. Vol
7,312,273
52-wk High
¥942
52-wk Low
¥706

Latest Key Developments (Source: Significant Developments)

Nissan Motor CEO Sees No Merit In Merging With French Partner Renault - Nikkei
Thursday, 26 Apr 2018 

April 26 (Reuters) - Nikkei: :NISSAN MOTOR CEO SEES NO MERIT IN MERGING WITH FRENCH PARTNER RENAULT - NIKKEI.NISSAN MOTOR CEO SAYS CO SEEKS TO MAINTAIN CURRENT THREE-WAY ALLIANCE WITH RENAULT AND MITSUBISHI MOTORS - NIKKEI.  Full Article

Mitsubishi Motors to fully acquire MMC DIAMOND FINANCE for 6.89 bln yen
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Mitsubishi Motors Corp <7211.T>:Says it will fully acquire 47 percent owned unit MMC DIAMOND FINANCE Co Ltd, from Mitsubishi UFJ Lease & Finance Co Ltd <<<8593.T>>> and Tokio Marine & Nichido Fire Insurance Co Ltd, for 6.89 billion yen in total, effective April 2 .  Full Article

Mitsubishi Motors Aims To Raise Global Production Capacity - Nikkei
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Nikkei::MITSUBISHI MOTORS AIMS TO RAISE GLOBAL PRODUCTION CAPACITY TO ABOUT 1.5 MILLION UNITS PER YEAR - NIKKEI.CO PLANS TO SPEND 25 BILLION YEN ($222 MILLION) TO RAISE OUTPUT CAPACITY BY A TENTH OVERALL - NIKKEI.  Full Article

Mitsubishi Motors North America reported Oct sales 7,381 units down 3.4 pct
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Mitsubishi Motors North America Inc::Reported Oct sales of 7,381 units down 3.4 percent from October 2016‍​.  Full Article

Mitsubishi Motors' sales seen edging up 4 pct for April-Sept half - Nikkei
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Nikkei ::Mitsubishi Motors expected to post a group operating profit of about 40 billion yen for April-Sept half - Nikkei‍​.Mitsubishi Motors' sales seen edging up 4% to over 900 billion yen for april-sept half - Nikkei ‍​.Mitsubishi Motors likely to keep its full-year operating profit guidance unchanged‍​ - Nikkei.  Full Article

Mitsubishi Motors' annual output in Russia to roughly triple to 30,000 units in FY18 - Nikkei
Wednesday, 20 Sep 2017 

Sept 20 (Reuters) - Nikkei::Mitsubishi Motors Corp's annual output in Russia to roughly triple to 30,000 units in fiscal 2018 - Nikkei.  Full Article

Nissan agrees to hold Mitsubishi Motors shares for next 10 years
Thursday, 13 Oct 2016 

Nissan Motor Co Ltd <7201.T>:Nissan says cannot sell Mitsubishi Motors shares within 10 years of closing of alliance deal with Mitsubishi, amended from 3 years previously agreed.  Full Article

Mitsubishi Motors North America posts Sept. sales of 7,191, down 4.8 pct
Monday, 3 Oct 2016 

Mitsubishi Motors North America: Mitsubishi Motors reports September sales .Mitsubishi Motors North America reported September 2016 sales of 7,191 down 4.8 percent from September of 2015.  Full Article

SA's Competition Tribunal conditionally okays Tradehold-Imbali deal
Wednesday, 28 Sep 2016 

South Africa's Competition Tribunal: Approved merger whereby Tradehold intends to acquire Imbali Props 21, Saddle Path Props 69 and Collins Property Projects . Has approved with conditions merger of enX Group and Eqstra Newco, a wholly-owned subsidiary of Eqstra Holdings Ltd . Approved the proposed merger between Renault-controlled Nissan Motor Co. Ltd and Mitsubishi Motors Corporation (Bengaluru Newsroom: +91 806 749 1136).  Full Article

Mitsubishi expects latest fuel economy revelation to have little impact on Nissan stake
Tuesday, 30 Aug 2016 

Mitsubishi Motors Corp <7211.T>: Says it expects the latest fuel economy revelation to have little impact on plans for Nissan Motor Co Ltd <7201.T> to take a stake in the embattled automaker . Says it plans to pay customers compensation of up to 100,000 yen ($978) each for additional models with overstated fuel economy . Says it will stop domestic sales of affected models ($1 = 102.3000 yen) (naomi.tajitsu@thomsonreuters.com).  Full Article

UPDATE 1-Mitsubishi Motors sees higher annual profit on Asia sales

* Sees Asia helping it recover to levels before mileage scandal (Adds comment, details on Southeast Asia)