Japanese shares fell on Wednesday, as Asia closed mixed ahead of the upcoming British vote to decide whether to remain in the EU.
Mitsubishi Motors forecast a net loss of 145 billion yen ($1.4 billion) for this business year as it faces hefty compensation costs and falling sales.
Japanese markets on Tuesday reversed early losses of as much as 1.13 percent to trade higher as rest of Asia close mixed.
Asia markets closed higher on Monday, after U.K. polls gave the remain camp a slight edge ahead of the June 23 Brexit referendum.
Asia's markets closed higher on the final day of a volatile week amid easing concerns that the U.K. would vote to exit the EU in its June 23 referendum.
Nissan is set to buy 34% of Mitsubishi. Carlos Ghosn, Renault-Nissan CEO, discusses the deal, auto sales, Brexit, and more.
Some of the names on the move ahead of the open.
Australia and Japan shares stumbled on Tuesday, amid caution before Fed and BOJ meetings and on uncertainty over the Brexit referendum.
Asian markets tumbled Monday as the region turned risk-off before the Brexit vote and key central bank decisions, with the Nikkei leading drops.
Asia markets stumbled on Friday, as a stronger dollar weighed on commodity prices, while Japan's benchmark government bond yield hit a record low.
Asia markets were mostly lower on Thursday, as a weaker dollar weighed the Nikkei and South Korean stocks failed to get a boost from a surprise rate cut.
CNBC's No. 1 disruptor has set its sights on another lucrative niche in the auto market that technology left behind: auto finance.
Asian markets closed mixed Monday, with Japan shares falling, as a disappointing U.S. jobs report weakened the dollar and boosted regional currencies.
Despite the weak data, the U.S. auto industry looks set to remain on course for another record year in 2016, analysts and economists said.
CNBC's Phil LeBeau discusses the May auto sales numbers as moderate gas prices are hurting car sales.
Tesla stock popped after an in-line earnings report but this stock's run is over. There is no path to profitability, says Michael Pento.
Markets in Asia ended mostly higher on the week's final trading day as traders awaited direction from Fed chief Janet Yellen's comments due later.
Across Asian markets, the energy plays rose as oil hit the $50-a-barrel mark for the first time since November, but broader markets were mixed.
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Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each.