TOKYO -- Mitsubishi Motors will aim for 50% increase in sales in the ASEAN market over the next three years, as the Japanese automaker seeks to bounce back after a downturn brought on by a fuel economy scandal last year.
The plan was announced Wednesday as part of Mitsubishi's new midterm business strategy. The company said it will earmark 600 billion yen ($5.33 billion) over three years for capital spending, and research and development, to meet rapidly changing business conditions.
