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Mercedes sells Mitsubishi

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Old Nov 11, 2005 | 10:43 AM
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Mercedes sells Mitsubishi
TOKYO/FRANKFURT (Reuters) - DaimlerChrysler AG drew the final curtain on its ill-fated investment in Mitsubishi Motors Corp. (MMC) on Friday by selling its entire 12.42 percent stake in the Japanese car maker.
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Old Nov 11, 2005 | 08:09 PM
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Focus on your core business.....
Good move. Fundamental precept of sound management!
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Old Nov 11, 2005 | 08:39 PM
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Finally?
Good to see rational moves finally being executed.
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Old Nov 12, 2005 | 03:40 AM
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I thought they needed Mitsibushi for the electronics knowhow.
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Old Nov 12, 2005 | 10:55 AM
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Originally Posted by marcos
I thought they needed Mitsibushi for the electronics knowhow.
Is that so? I didn't know this. Either way, it's not helped them much.

Now step 2.... sell off Chrysler!
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Old Nov 12, 2005 | 01:56 PM
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They could always buy an American Spec Toyota Avalon & reverse engineer it. Total investment $ 28 grand.
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Old Nov 12, 2005 | 02:56 PM
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Originally Posted by marcos
I thought they needed Mitsibushi for the electronics knowhow.
"The current cooperation projects of DaimlerChrysler and MMC will not be affected by the disposal, and will continue as previously agreed. Some examples of such projects are the joint development and production of engines, the shared use of vehicle architecture and the joint production of passenger cars, sports utility vehicles and pickup trucks in Europe, North America, China and South Africa. In addition, DaimlerChrysler and MMC plan to renew and extend current projects which are mutually beneficial."
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Old Nov 28, 2005 | 11:36 PM
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I worked for Mitsubishi MMSA/MMC for 4 yrs. I no longer work there. I drove total of 5 Mitsubishis in 4 yrs and they are 5 of the best cars/SUV I have driven. I love them. I still don't know what's wrong with Mitsubishi image. They made great cars and SUV.
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Old Nov 28, 2005 | 11:43 PM
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Originally Posted by tyltan
I worked for Mitsubishi MMSA/MMC for 4 yrs. I no longer work there. I drove total of 5 Mitsubishis in 4 yrs and they are 5 of the best cars/SUV I have driven. I love them. I still don't know what's wrong with Mitsubishi image. They made great cars and SUV.

IMO, it's styling. I don't like any car that rolls off their assembly line. With the exception of the '06 eclipse. That car is "350z-ish".

And I like the evo for the bang for the buck ricer value.

Other than that ugly ugly....
Last edited by AJU_E350; Nov 28, 2005 at 11:45 PM.
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