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Mitsubishi Motors Posts Net Loss amid Trump Tariffs
Nippon | English | News | Nov. 7, 2025 | Supply Chain Issues
Mitsubishi Motors Corp. reported a group net loss of 9.2 billion yen for the April-September period, a significant decline from a profit of 37.9 billion yen the previous year. This loss was primarily attributed to high tariffs imposed by the U.S. administration under President Donald Trump, which reduced operating profit by 27.7 billion yen.
The company experienced a 3.5% drop in sales to 1,261.2 billion yen and an 81.0% decrease in operating profit to 17.2 billion yen during the same period. Global vehicle sales fell 6%, with decreases noted in key markets such as Southeast Asia and the United States.
Facing intensifying competition from Chinese automakers in Southeast Asia, Mitsubishi Motors announced plans to suspend production at some plants in Thailand by mid-2027. CEO Takao Kato highlighted the uncertain future of the automotive industry and increased market competition driven by U.S. tariffs and Chinese rivals.