Mitsubishi Motors' Q1 Profit Plummets as Trump Tariffs Bite
3 Articles
3 Articles
Japanese manufacturer Mitsubishi Motors has concluded the 15% tariff agreement that the United States will apply to Japanese exports, after a first quarter of its fiscal year 2025 (April-June) very discouraging in which its net profit plummeted by 97%, up to 738 million yen (4.28 million euros at the current exchange rate), according to data published by the Japanese brand on Thursday.
Mitsubishi Motors announced on the 24th that its consolidated financial results for the April-June 2025 period showed net profit of 700 million yen, down 97.5% from the same period last year.
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