Mitsubishi and DaimlerChrysler
#1
Mitsubishi and DaimlerChrysler
Admittedly, I know little about MB's corporate structure, but was surpised to learn that DaimlerChrysler AG is Mitsubishi's largest shareholder, holding 37%.
It will apparently also raise its holdings of Mitsubishi Fuso Truck & Bus Corp., the Mitsubishi truck division/subsidiary to 65 percent by buying another 22 percent of the truck-maker shortly.
http://quote.bloomberg.com/apps/news...wk&refer=japan
It will apparently also raise its holdings of Mitsubishi Fuso Truck & Bus Corp., the Mitsubishi truck division/subsidiary to 65 percent by buying another 22 percent of the truck-maker shortly.
http://quote.bloomberg.com/apps/news...wk&refer=japan
#3
Not surprising since Mitsubishi and Chrylser are close business partners that produced many shared platforms in the past and have had joint ventures.
Last edited by Petmerctech; 01-01-2004 at 11:59 PM.
#4
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Daimler Chrysler calls them strategic partners, Hyundi also. Guess they're proud to have some companies underneath them. Maybe trying to follow Ford and GM when they started buying car companies.