Breaking news from They report that the CEO of Mitsubishi (the guy who left Hyundai to run Mitsu) has jumped ship immediately to become the CEO of a dealership software company called Reynolds and Reynolds. The CEO of Mitsubishi of North America, Rich Gilligan will take his place. I linked to the site, but you need to be member to read the story. There's not much else to say but the captain is not going down with his ship.

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