BR100 Increased By (1.27%)
BR30 Increased By (1.43%)
KSE100 Increased By (1.18%)
KSE30 Increased By (1.39%)
BECO 5.39 No Change ▼ 0.00 (0%)
BML 56.99 Increased By ▲ 0.51 (0.9%)
BOP 36.05 Increased By ▲ 0.96 (2.74%)
CNERGY 8.28 Increased By ▲ 0.11 (1.35%)
DCL 11.85 Increased By ▲ 0.41 (3.58%)
FCCL 59.29 Increased By ▲ 1.74 (3.02%)
FCSC 5.12 Increased By ▲ 0.12 (2.4%)
FFL 17.85 Decreased By ▼ -0.03 (-0.17%)
FNEL 1.26 Increased By ▲ 0.01 (0.8%)
HUMNL 11.55 Increased By ▲ 0.38 (3.4%)
KEL 8.35 Decreased By ▼ -0.19 (-2.22%)
KOSM 6.64 Decreased By ▼ -0.09 (-1.34%)
MLCF 107.24 Increased By ▲ 0.33 (0.31%)
NBP 203.50 Increased By ▲ 5.00 (2.52%)
PACE 11.13 Increased By ▲ 0.06 (0.54%)
PAEL 44.99 Decreased By ▼ -0.46 (-1.01%)
PIAHCLA 31.91 Increased By ▲ 0.48 (1.53%)
PIBTL 18.93 Decreased By ▼ -0.15 (-0.79%)
PPL 243.00 Increased By ▲ 0.38 (0.16%)
PRL 35.98 Increased By ▲ 0.31 (0.87%)
PTC 71.10 Increased By ▲ 5.58 (8.52%)
SEARL 94.22 Decreased By ▼ -0.32 (-0.34%)
SSGC 31.95 Decreased By ▼ -0.13 (-0.41%)
TELE 9.10 Increased By ▲ 0.23 (2.59%)
THCCL 68.25 Increased By ▲ 2.59 (3.94%)
TPLP 10.73 No Change ▼ 0.00 (0%)
TREET 25.79 Increased By ▲ 0.68 (2.71%)
TRG 64.59 Increased By ▲ 0.92 (1.44%)
WAVES 10.84 Increased By ▲ 0.14 (1.31%)
WTL 1.29 Increased By ▲ 0.04 (3.2%)

motorsTOKYO: Mitsubishi Motors Corp is running out of leeway to lower costs to fight a profit-sapping surge in the yen, the Japanese automaker's president told reporters on Thursday.

The company will need to speed up efforts to increase procurement of parts from overseas to fight the strong yen, which is holding near its record high against the dollar, Osamu Masuko told reporters.

Copyright Reuters, 2011

Comments

Comments are closed for this article.