Mitsubishi Weighs DaimlerChrysler Alliance
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Japan's Mitsubishi Motors Corp. is reviewing its alliance with DaimlerChrysler, including their cooperation in manufacturing mid-sized sedans, the company said Thursday.
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The Tokyo Stock Exchange is in talks about forming a possible alliance with the Chicago Mercantile Exchange, an exchange official said Thursday, one day after the Asia's biggest bourse announced a cooperative agreement with the New York Stock Exchange.
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Shares of DaimlerChrysler AG fell yesterday after Nissan officials said the Renault-Nissan auto alliance is not interested in buying the German-American automaker's money-losing Chrysler division.
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German-US auto giant DaimlerChrysler is considering cutting up to 4,000 jobs at its US heavy trucks unit Freightliner.
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Nissan Motor Co and Chrysler LLC are in preliminary discussions to supply cars, trucks and engines to each other, a source close to the talks said on Friday.
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Marubeni Corp., a Japanese import-export company, said Wednesday it was open to strategic partners in operating supermarket chain Daiei Inc., but denied news reports that it had approached either Wal-Mart or Aeon Co., a Japanese retailer, to get help in reviving Daiei.
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SOUTHFIELD, Mich. -- DaimlerChrysler AG is discussing the sale of its money-losing Chrysler unit to General Motors Corp. as one of the options under consideration by the two automakers, people with knowledge of the talks said.
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Shares of DaimlerChrysler climbed yesterday after media reports that General Motors was in talks to buy the German firm's Chrysler division.
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At least four private equity groups have been in preliminary talks with DaimlerChrysler AG  about buying Chrysler, the Financial Times reported on Friday on its website.
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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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At least four private equity groups  have been in preliminary talks with DaimlerChrysler AG  (DCXGn.DE) about buying Chrysler, the Financial Times reported  on Friday on its website.
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Carmakers DaimlerChrysler and General Motors are to co-operate on developing a new type of transmission-based system to compete with Toyota and Honda in the growing hybrid market.
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The board of DaimlerChrysler said it had approved an alliance of its Chrysler Group unit and the Chery Automobile Company of China aimed at the market for smaller cars. Under the deal, which would not include an equity investment, Chery would build vehicles under Chryslerâs brand names for sale in the United States and Europe, DaimlerChrysler said. Chrysler reached its deal with Chery at the end of December.
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DaimlerChrysler AG (DCXGn.DE) is  considering taking a minority stake in General Motors Corp.   as payment for Chrysler if a deal between the two  automakers takes place, the Financial Times said on Monday.
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Mitsubishi Corp. and Itochu Corp. will buy stakes in truck maker Isuzu Motors Ltd., the two trading companies said Thursday. Mitsubishi Corp.
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Automaker DaimlerChrysler AG said Friday it will charge 400 million euros (&#36;492 million) against earnings in the third quarter to cover the cost of recalls and past quality problems at Japanese truckmaker Mitsubishi Fuso Truck and Bus Corp, which is 65 percent owned by DaimlerChrysler.
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Mitsubishi Heavy Industries is considering building Japan's first passenger jet, which could start flying in 2012.