Mitsubishi aims to keep autonomy

Article Abstract:

Mitsubishi Motors Corp. is attempting to maintain its management autonomy amidst its alliance talks with DaimlerChrysler AG. DaimerChrysler could acquire a majority interest in Mitsubishi.

Germany, DaimlerChrysler AG, DCX, Mitsubishi Motors Corp.

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Nissan may cut manufacturing capacity

Article Abstract:

Nissan Motor Co. is studying the possibility of reducing its domestic production capacity by as much as 25% over the next three-year period. The move would come under a restructuring strategy that is being formed by Renault SA. Renault is a 37% owner of Nissan, the second-ranked car maker in Japan. Nissan is considering cutting its capacity from two million cars annually to 1.5 million.

Abstract, Nissan Motor Company Ltd.

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Mazda swings to first-half net profit

Article Abstract:

Mazda Motor Co. posted 13.2 billion yen (120.8 million euros) in net profits for the six-month period ending September 30, 1999. The company posted a 4.4 billion yen loss during the same period in 1998.

Sales, profits & dividends, Finance, Mazda Motor Corp.

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