Brief: Mitsubishi Motors CEO - Direct Negative Impact Of U.S. Tariffs In North America Has Increased To 32 Billion Yen From 30 Billion Yen
27/08/2025 07:31
Aug 27 (Reuters) - Mitsubishi Motors Corp 7211.T: MITSUBISHI MOTORS CEO: DIRECT NEGATIVE IMPACT OF U.S. TARIFFS IN NORTH AMERICA HAS INCREASED TO 32 BILLION YEN FROM 30 BILLION YEN MITSUBISHI MOTORS CEO: IT'LL BE DIFFICULT FOR US TO IMPLEMENT PRICE INCREASES AND INCENTIVE REDUCTIONS TO ABSORB TARIFF COSTS AS EXPECTED MITSUBISHI MOTORS CEO: COMPETITION IN OTHER MARKETS IS INTENSIFYING AS COMPANIES ARE MAKING UP FOR SALES DECLINES FROM U.S. TARIFFS, AND RISING SALES EXPENSES ARE PRESSURING PROFITS Source text: [ID:] Further company coverage: 7211.T (Reporting by Daniel Leussink) ((Satoshi.Sugiyama@thomsonreuters.com;))
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