COMMENT: Mitsubishi/DaimlerChrysler: a shot in the arm
According to reports in the Japanese media, DaimlerChrysler is to make a $6.67 billion capital injection into Mitsubishi Motors. It is also reportedly planning to raise its stake in Mitsubishi Motors to more than 50% in the next two years. However, these latest attempts to rescue the company from huge losses will probably meet with some resistance from domestic shareholders.
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