Thursday, December 5, 2013

DaimlerChrysler–Mitsubishi alliance - Wikipedia, the free encyclopedia

DaimlerChrysler–Mitsubishi alliance - Wikipedia, the free encyclopedia: "However, in the aftermath of the 1997 East Asian financial crisis MMC was saddled with ¥1.7 trillion of debt,[9][10] and some outside analysts were suggesting that the company should give priority to becoming a takeover or merger target.[11] Kawasoe rejected this, preferring to present Mitsubishi as an equal partner to potential suitors, adding that Mitsubishi would continue to follow their longstanding approach of establishing ventures without capital tie-ups"

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