Mitsubishi to have second-largest stake after GM -report
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TOKYO (CBS.MW) - Shares of Japan&#39;s Isuzu Motors Ltd. rose Thursday after a published report that trading house Mitsubishi Corp.
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TOKYO : Troubled Japanese automaker Mitsubishi Motors Corp. will tie up with Merrill Lynch and Co. in North American financing operations as part of its business rehabilitation efforts.
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Sweden's Volvo AB VOLVb.ST will buy   Nissan Motor Co.'s 7201.T remaining 6 percent stake in   Japanese truck maker Nissan Diesel Motor Co. 7210.T, bringing   its total ownership to 19 percent, Nissan Motor said on Monday.
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By JOSEPH COLEMAN  TOKYO - Japan's beleaguered Mitsubishi Motors Corp. reported its first quarterly profit since 2004 as the weaker yen lifted earnings in the October-December period.
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DETROIT, May 23  â The General Motors Corporation has put up a 49 percent stake in its former financial arm as collateral for a $4.1 billion revolving line of credit, the company said late Wednesday.
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Caterpillar Inc.  said on Thursday it planned to take control of a construction machinery venture with Japan's Mitsubishi Heavy Industries Ltd.  as part of its efforts to beef up its presence in Asia.
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Toyota, Japan's biggest automaker, plans to invest some 100 billion yen ($830 million) to build a sport utility vehicle plant in Mississippi, the Nikkei business daily said on Tuesday.
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Caterpillar Inc.  said on Thursday  it planned to take control of a construction machinery venture  with Japan's Mitsubishi Heavy Industries Ltd. (7011.T) as part  of its efforts to beef up its presence in Asia.
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German-U.S. automaker DaimlerChrysler AG said Monday it has sold its 10.5 percent stake in South Korea's Hyundai Motors Co., a move that it expects will raise more than $900 million.
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Mitsubishi Motors Corp. said Monday that its losses grew in the first half of the fiscal year as the Japanese automaker struggled to recover from an auto-defect scandal that has sent sales plunging. The company lowered its sales expectations for the year and said it expected a larger full-year loss than previously forecast.
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Amid strained ties with partner DaimlerChrysler, Japanese car maker Mitsubishi Motors could soon reduce cooperation with the German-US auto giant, Mitsubishi's chief executive revealed in a newspaper interview.
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Japan&#39;s four top automakers - Toyota, Nissan, Honda and Mazda - increased global production in November due to strong sales in overseas markets, but scandal-hit Mitsubishi was down, the companies said Friday.
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Toyota, Japan's biggest automaker, plans to invest some 100 billion yen ($830 million) to build a sport utility vehicle plant in the U.S. state of Mississippi, the Nikkei business daily said on Tuesday.
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NEW YORK, Aug 17  - Mills Corp. (MLS.N: Quote, Profile, Research) , adeveloper of theme shopping and entertainment malls, on Tuesday said it would pay a General Motors unit about $1.033 billion to buy a 50 percent managing stake ...
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Japanese auto parts maker Asahi Tec Corp.   5606.T said on Friday it would buy unlisted U.S. rival   Metaldyne Corp. in a deal worth $1.2 billion including its debt   as it aims to expand overseas alongside Japanese car makers.
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General Motors has reportedly agreed to pay two billion dollars (1.5 billion euros) to the Italian industrial conglomerate Fiat if it will abandon its option to sell Fiat Auto to the US automaker, the RadioCor news agency reported, citing sources close to the affair.
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Billionaire investor Kirk Kerkorian's  investment firm on Thursday said it had cut its stake in  General Motors Corp. by half with a second large sale,  prompting speculation about whether the activist investor had  moved to sell his entire stake in the automaker.