DaimlerChrysler renegotiates deal with Mitsubishi Motors

Article Abstract:

German automobile maker DaimlerChrysler AG takes another look at its agreement with Japanese automaker Mitsubishi Motors Corp. Parts of the renegotiations includes increasing its stake in Mitsubishi Motors beyond 34% and asking for more management role in the company.

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U.S. car makers fret over weak yen

Article Abstract:

Japanese and American car makers are arguing over what is the true definition of fair exchange rates. Some US car makers claim that Japanese producers have an unfair edge due to the weakening of the Japanese yen.

United States, Financial management, Finance, Foreign exchange, Foreign exchange rates, Beliefs, opinions and attitudes, Company financing, Automobile Industry, Yen (Japan)

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Mitsubishi Motors will unveil DaimlerChrysler pact Friday

Article Abstract:

Germany's DaimlerChrysler AG has announced plans to increase its stake in Japan's Mitsubishi Motor Corp. and unveil a new deal with Mitsubishi that includes increased management role.

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