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Subscribe to this threadMitsubishi set to close Australian plant
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nagmashot @ Feb 5th 2008 11:20AM
There was no terrrible marriage with Daimler Chrysler...
1. Daimler bought Mitsubishi
2. Mitsubishi was close befor bankrup as Daimler Chrysler jumped in..
3. Daimler pumped in 3 years over 5billion $ into Mitsubishi but that did not help to recover from the Mitusbishi mistakes made in the 90´s and from the Mitsubishi managment scandals short befor Daimler showed up...
4. After Daimler stoped pumping billions into Mitsubishi they were again in truoble
Mitsubishi managment is not able to proper run the company... today they survive because of the projects Daimler placed ..
engine plant in Europe were today Mitsubishi build their 1.1l ,1.3l, 1.5l, Mitsubishi recive thanks to Daimler connection from PSA (Citroen and Peugeot) and VW
Without Daimler Chrysler Mitsubishi would be histroy today..
Daimerl still owns the Mitsubishi Truck and Bus company and this is doing extremaly well since Daimler took over 85% of the stocks