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Automobile

Mitsubishi bounces back to profitability

TOKYO — Rebounding Mitsubishi Motors Corp. stepped up its recovery in the latest quarter, bouncing back to profitability on better sales and beneficial foreign exchange rates. The Japanese automaker forecast steady operating profit in…

Toyota is slashing its production plan

TOKYO - Toyota Motor Corp said Tuesday it would suspend operations on 14 lines at eight domestic factories for up to six days in May due to the COVID lockdown in China.The duration is between May 16 and May 21, the company said,…