Word: mitsubishis
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...management cooperation, which began with the appointment of the U.A.W.'s then president, Douglas Fraser, during Chrysler's dark days of 1980. Chrysler's board shuffle also sparked talk that the troubled company was streamlining itself for a merger with a foreign car company. Possible suitors: Honda, Fiat and Mitsubishi. Whatever Iacocca decides to do, he will have one less dissenting vote to worry about...
...remove mines (although in the past some companies, feeling less constrained, haven't minded selling high-tech equipment with potential military applications to the Soviet Union). "Japan was bashed for only providing money for the war and not participating directly," says Masao Takemoto, a spokesman for electronics giant Mitsubishi. "But in the reconstruction period we will also be under restrictions...
Just as the all-clear sounded, Vernon grabs me and we race downstairs to our car. "We're gonna be the first ones at that missle site," he proclaims. We jump into the little green rented Mitsubishi with the words "Foreign press" written on the doors in Hebrew, Arabic, and English. We race in the direction that we had seen the first missle land, falling in behind a fleet of ambulances and army jeeps that led us right to the spot where the SCUD had landed...
...European and U.S. markets, but the trend has accelerated markedly in the past year. Nissan introduced its Infiniti line of cars in the U.S., featuring the opulent V-8-powered Q45 and the smaller M30, and is adding a new car this month. Another Japanese manufacturer, Mitsubishi, plans to introduce a luxury car next year...
...Japanese banks have chewed up market share by buying local banks, particularly on the West Coast. Mitsubishi Bank bought the Bank of California in 1984, while the Bank of Tokyo acquired the Union Bank of Los Angeles in 1988. The Japanese own four of California's 10 largest banks. Starting from near zero five years ago, Japanese banks account for at least 10% of all commercial loans made...