Mitsubishi Motors has revised its profit outlook downward after a review of its financial projections. The company cited rising shipping and material costs linked to the Middle East conflict, as well as weaker sales in key regions, as primary factors. Additionally, a shortage of electrified vehicles contributed to the adjustment. The revised forecast reflects the company’s response to these combined pressures.
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 ...
