According to reports in Japan, struggling Japanese car manufacturer Mitsubishi Motors is looking to tap shareholders DaimlerChrysler, Mitsubishi Heavy Industries and Mitsubishi Corporation for up to ¥100bn (US$95m) through the private placements of new shares. Interestingly, although Mitsubishi Motors is saying that the reports are ‘based on speculation’, the company …
This article is available only to members of Automotive World. If you are already a member, please login to your account.
Membership starts at just $2.18 per day for access to all Articles, eMagazines, and Webinars.