Belfast Telegraph

Car firms claw back lost ground

Japanese car giant Mitsubishi said that its second-quarter net profit improved 60% to 10.1nn yen (£78.9m) on cost cuts.

The firm, which reported a 6.3bn yen (£49.2m) profit for July-September last year, is among the Japanese car firms making a solid recovery after last year's earthquake and tsunami that disrupted supply chains.