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Investing.com -- Mitsubishi Motors Corp (TYO:7211) on Wednesday revised its consolidated financial forecasts for fiscal year 2025, lowering its global sales projection to 869,000 units from the previously estimated 878,000 units.
The Japanese automaker cited several factors behind the downward revision, including a reassessment of the impact from U.S. tariff measures, which have affected its business outlook.
The company also pointed to declining sales volumes and increased selling expenses resulting from intensified sales competition across various countries. Rising costs associated with inflation have further pressured the automaker’s financial performance.
The revised forecast represents a reduction of 9,000 vehicles from Mitsubishi’s earlier sales projection for the fiscal year.
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