DCX has sold off its remaining 12.4% stake in Mitsubishi, a day after the Japanese automaker confirmed that it had lost over a half-billion dollars in the first half of this year. The move bumped up DCX’s stock price by 2%, while stuffing its pockets with nearly $600M (that money is said to be going towards the $1.1B hit that Mercedes will take to cut 8,500 workers). Current joint projects between the companies are said to be unaffected, but undoubtedly this is the final nail in the coffin for a previous plan that essentially had Mitsubishi taking over Chrysler’s small-car and midsize development.
yes but shaler gm is taking up well off companies not sinking ones…i dont think gm wil go after them until they can prove to gm they will beable to survive
engines, transmissions, brakes, suspensions, any body components, any interior components (maybe bulbs…lol).
You know what I found they share? A tire size. A Camry XLE and a G6 V6 both take 215/60R16. I guess between tires and 194 bulbs, they’re practically sharing a platform.
Our conversation awhile ago sparked my investigation 