TOKYO – Mitsubishi expects North American profitability to soar in the coming year on lower incentives, better foreign exchange rates and robust sales of the Outlander plug-in hybrid crossover.
The upbeat outlook for North America, which should emerge as Mitsubishi's profit engine and second-biggest market after Japan, will help offset crumbling business in China and Europe.
Fortified Internet marketing and online sales are also seen helping Mitsubishi reach North American regional markets where the Japanese carmaker has sparse dealership penetration.