These are some jaw dropping numbers: Mitsubishi lost $2 billion between April-December; Sales were down within the same time span, dropping 12 percent. To add to this injury, Mitsubishi is on track to boost DaimlerChrysler's share of Mitsubishi Fuso Truck and Bus Corp up 20 percent, raising DCX's stake to 85 percent. The value of the deal is between $255 million to $319 million and is in compensation for financial damages due to Mitsubishi's scandals.
Mitsubishi's woes continue
Feb 8th 2005 at 6:47AM
Sign in to post
Please sign in to leave a comment.
Continue