On the Dash: Mitsubishi Motors cut its profit forecast by 30% for the fiscal year ending March 2026, lowering its projection to 70 billion yen ($475 million) due to U.S. tariffs, weaker sales, and rising costs. Global competition and price pressures are eroding margins, as rivals increase discounts in markets like Vietnam, Australia, Indonesia, and […] The post Mitsubishi Motors slashes profit forecast as U.S. tariffs hit harder appeared first on CBT News.
