Mitsubishi Motors in trouble

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News Articles - Trouble at Mitsubishi and Daimler Chrysler:

Rolf Eckrodt resigned as Mitsubishi Motors Corp.'s president and chief executive officer effective immediately. Mitsubishi Chief Financial Officer Keiichiro Hashimoto will step in as interim acting president, pending the appointment of a new president, which the company said would happen "soon."

Chrysler feels partner's pain
Product plans tied to troubled Mitsubishi
DaimlerChrysler AG's decision to stop pumping money into Mitsubishi Motors Corp. means the Chrysler group's crucial product resurgence is tied to a company with a shaky future. The Chrysler group and Mitsubishi are working closely on several projects, including small-car platforms and a new engine plant.
 

aNoodle

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I suspect all that in the press is pre-negotating tactics. They own something like 40%...they can't just up and walk away or let them get bought out by GM or Ford...Toyota or Honda? Maybe Daimler is worse off than we think...and they really might walk away.
 


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