Japan's Mitsubishi Motors said on Wednesday that it would sell its sole European plant to a Dutch industrial group for one euro in a deal that calls on the buyer to keep 1,500 jobs at the facility.

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Mitsubishi Motors said on Thursday its net profit for the fiscal year to March soared 53.2 per cent, partly driven by cost cutting, even as its last-quarter results tumbled on a strong yen.

Japan's f

Japan's Mitsubishi Motors is to stop manufacturing automobiles in Europe by around 2013 as it shifts its focus to emerging markets, reports said Monday.

Under the plan, which would be the first withd

Japan's Mitsubishi Motors said on Friday that cost cuts and a better product line-up enabled to it to reverse a year-before loss and post a net profit in the nine months to December.

Mitsubishi, the