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MMC Q1 2023/24 results

A strong Q1 performance prompts Mtisubishi to lift the full-year forecast, writes Jonathan Storey

Mitsubishi Motors' results for Q1 2023/24 beat expectations, boosted by higher domestic and North American retail sales. The strong performance encouraged the company to raise its full-year forecast.

Group revenue rose 20% to ¥636bn, as wholesale volumes rose. by 6.4% and the sales mix and pricing were favourable.

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