Mitsubishi Motors has withdrawn its previous profit‑growth outlook, attributing the shift to rising shipping and material expenses linked to the Middle East conflict, softer sales in major markets and an absence of electrified‑vehicle revenue. The automaker’s revised stance reflects broader challenges facing the industry amid geopolitical tensions and changing consumer demand.
Mitsubishi Motors reversed its earlier forecast for profit growth, citing higher shipping and material costs tied to the Middle East conflict, weaker sales in key regions and a lack of electrified ...
