Mitsubishi Motors predicts huge losses

The Japanese car manufacturer Mitsubishi says it expects to make a loss of more than two billion dollars at the end of this financial year.

The losses have partly been blamed on a hugely expensive recall of more than a million cars which were thought to be faulty.

Last year the firm admitted it had systematically covered-up customer complaints about defects in its vehicles for decades.

Sales of Mitsubishi cars in Japan have also been disappointing.

The company is the fourth largest motor manufacturer in Japan and it's shedding nearly ten thousand jobs - about fourteen per cent of its workforce - to cut costs.

From the newsroom of the BBC World Service