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Old 2004-04-23, 07:38 AM   #15
dknv
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Join Date: Dec 2002
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Mistubishi may be in trouble - news this morning (hopefully this isn't WTLW):

STUTTGART/TOKYO (Reuters) - DaimlerChrysler AG will no longer bankroll Mitsubishi Motors and may sell its stake, leaving the German auto giant's global strategy in disarray and the future of the ailing Japanese firm in doubt.

Chief Financial Officer Manfred Gentz said on Friday that the Stuttgart-based company failed to agree with other Mitsubishi group shareholders on a bailout plan for Mitsubishi Motors Corp and would not provide any new funds.

http://news.yahoo.com/news?tmpl=stor..._mitsubishi_dc
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