Mitsubishi soars as investors turn upbeat


  • Business
  • Saturday, 07 Jan 2006

TOKYO: Mitsubishi Motors Corp shares more than doubled in value last year after two bailouts convinced investors the company will survive. Its ability to return to profit rests on the success of six new models. 

Japan's fifth largest carmaker will introduce three new vehicles in Japan and three in North America in the year beginning April 1. It will show the Eclipse Spyder convertible at Detroit's North American International Auto Show next week. 

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