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Mitsubishi and DaimlerChrysler

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Old Dec 9, 2003 | 09:54 AM
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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
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Old Dec 9, 2003 | 02:38 PM
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DaimlerChrylser also holds majority shares in other companies such as Airbus and Detroit Diesel among others, the companies under DC are truly from all areas.
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Old Jan 1, 2004 | 12:33 PM
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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; Jan 1, 2004 at 11:59 PM.
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Old Jan 1, 2004 | 09:26 PM
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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.
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Old Jan 2, 2004 | 12:01 AM
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Almost all car companies today are affiliated with another these days. It's near impossible to be an independent in today's automotive industry.
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