Mitsubishi crashes into the red
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Japanese car maker Mitsubishi, hit by a defect cover-up scandal earlier this year, posts heavy losses as sales plunge.
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TOKYO : Scandal-hit Japanese automaker Mitsubishi Motors interim net loss nearly doubled to 146.16 billion yen (1.38 billion dollars) and is to downgrade its full-year earnings forecast.
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The plane was trying to make an emergency landing when it crashed into a suburban subdivision.
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One person was killed and more were feared dead when an elevated ultra-modern train crashed into a service vehicle at high speed during a test run in northwestern Germany.
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Top automaker reports biggest annual loss in car-making history.
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SUZUKA - A typhoon scheduled to hit the Suzuka track area today has led to regular qualifying for the Japanese Grand Prix being cancelled.
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A partnership with Mitsubishi Heavy raises some interesting scenarios.
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Hard-pressed Japanese automaker Mitsubishi Motors Corp. posted a big half-year loss on Monday and widened its full-year net loss projection even as it aims to tame a domestic sales plunge with its newly launched compact car.
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Mitsubishi Motors Corp. said Monday that its losses grew in the first half of the fiscal year as the Japanese automaker struggled to recover from an auto-defect scandal that has sent sales plunging. The company lowered its sales expectations for the year and said it expected a larger full-year loss than previously forecast.
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Armadillo Aerospace of Mesquite, Texas has reported a  crash last weekend of their prototype X Prize rocket.
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Finland's Marcus Gronholm crashed out of the Rally of Great Britain, the 12th round of the 16-race world championship series.
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Crash comes amid safety gains, but also highlights some key problem areas.
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An initial report blames engine failure for the crash-landing of a plane at Heathrow.
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With its key product line in deep trouble, the carmaker has been forced take some dramatic action to salvage its turnaround plan
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A blazing car crashed into the terminal building at Glasgow Airport in Scotland on Saturday, police said.
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Black Rocket Euro RSCG has crashed here, and only Heat remains.
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Japanâs third-largest automaker blamed rising commodity costs and slower sales for the worse-than-expected results.