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Losses balloon at scandal-hit Mitsubishi Motors presidents in the last eight years. "MMC is steadily progressing toward self-revitalization," President Hideyasu Tagaya told reporters at Mitsubishi's Tokyo headquarters, referring to his company by its acronym. "I will take the...
Scandal-plagued Mitsubishi Motors carries out pay cuts

...Motors has a car plant in Normal, Ill., although pay and job cuts are being considered there, Mitsubishi official Hideyasu Tagaya told reporters. Suffering from deep losses and debts of more than 1 trillion yen ($9 billion), Mitsubishi Motors...