Word: mitsubishis
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...INDICATORS Asian Strategy Stalls Germany 's DaimlerChrysler announced it would sell its 10.5% stake in South Korea 's Hyundai Motor Co., just a month after DaimlerChrysler refused to bailout Japan 's Mitsubishi Motors, in which it holds a 37% stake...
...increasingly dedicated to the idea that a car, or a mansion, or a new pair of breasts, is the ticket to fulfillment--realize there are cheaper routes to self-esteem. "We're about to put $20,000 into a $900 car," a craftsman boasts as he rebuilds a pathetic Mitsubishi Mirage for Antwon, a 19-year-old art student. The gleaming, finished car is hilariously over the top (it includes a built-in fish tank), and Antwon is delighted. But I have to wonder: Wouldn't he be better off with $20,000 to pimp his college fund...
...increasingly dedicated to the idea that a car, or a mansion, or a new pair of breasts, is the ticket to fulfillment - realize there are cheaper routes to self-esteem. "We're about to put $20,000 into a $900 car," a craftsman boasts as he rebuilds a pathetic Mitsubishi Mirage for Antwon, a 19-year-old art student. The gleaming, finished car is hilariously over the top (it includes a built-in fish tank), and Antwon is delighted. But I have to wonder: Wouldn't he be better off with $20,000 to pimp his college fund...
...rearview mirror, the firm's earnings trumped crosstown rival General Motors' for the first time in three years. While GM beat expectations with profits of $1.28 billion in the first quarter, poor results in the U.S. and Europe dented strong earnings in Asia . Still, it could be worse; Mitsubishi Motors is facing an empty tank. Germany 's DaimlerChrysler won't rule out dumping its 37% stake in the Japanese firm, after killing speculation last week that it would stump up several billion dollars to rescue debt-ridden Mitsubishi. Investors sighed with relief: DaimlerChrysler stock shot up over...
Name A Japanese corporate colossus, and chances are it started as a family firm--Mitsubishi, Sumitomo, Toyota, Kikkoman. Hundreds of millions of Indians garb themselves daily in cloth made by the Ambanis or Wadias. Residents of Hong Kong can barely avoid contributing to the coffers of billionaire Li Ka-shing and his sons, who control office towers, supermarkets, electronics outlets and telephone companies. Business in Asia is a family affair, and the most accurate picture of an Asian economy remains a diagram of an extended family tree connecting clans that make things to those that finance them, with dotted lines...