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daimlerchrysler now owns controlling stake in mitsubishi

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White Out in Maryland

January 22, 2001
Page 1 of 1

Rolf Eckrodt of DaimlerChrysler assumed the job of chief operating officer of Mitsubishi Motors, according to a Dow Jones Newswire report. DaimlerChrysler took a 34 percent stake in Mitsubishi last summer to help alleviate Mitsubishi's financial distress, giving the German company essential control of Mitsubishi.

At that time, putting a DC executive into a top position was not part of the deal but was added after Mitsubishi admitted to years of concealing consumer complaints.
 
NEXT VE VILL RULE DA VORLD!!!! (in my best German accent) #ad
#ad

Eric

[This message has been edited by The patriot (edited 02-22-2001). ]
 
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