Tag: take-over

By on December 3, 2009

French Shibari, aka financial tie-up. Picture courtesy Wikimedia.org

Renault has its Nissan. Jealous PSA seeks the company of a pretty Japanese bride of its own. Mitsubishi Motors Corp. confirmed to the Nikkei [sub] today that it is in talks with PSA Peugeot-Citroen about some financial shibari. The capital tie-up could see PSA take a majority position in Mitsubishi Motors.

“We have been talking whether we can have deeper relationship, and a capital tie-up is one among many options,” said a Mitsubishi Motors spokesman, declining to comment on the scale or value of any potential deal. The Nikkei [sub] reported earlier Thursday that PSA could buy a stake of 30 percent to 50 percent in Mitsubishi Motors and become its biggest shareholder.
(Read More…)

Recent Comments

  • Re: Life With Accord: 12,000 Miles

    turboprius - We have carpet floor mats. No big deal. Sure, they have a lot of stains, even mom’s RAV4 with only 30K miles, but they’re pretty easy to clean. My...
  • Re: Life With Accord: 12,000 Miles

    thelaine - Noble713, that’s where my feet go (or “feets,” as my family often jokes). So the first thing you do is cover it up. So no one can see or touch...
  • Re: Life With Accord: 12,000 Miles

    jaydez - Every factory floor mat I’ve owned in the last 10 years has done that… except Hyundai. My 2006 Fusion had them replaced twice under warranty before ford...
  • Re: Life With Accord: 12,000 Miles

    thornmark - Exactly. I got the Costco rubber mats the day after I picked up my Accord. The Honda mats underneath are still factory fresh looking.
  • Re: Chart Of The Day: U.S. Minivan Market Share In 2014

    Pch101 - Dodge is being repositioned as a youthful performance brand. A minivan doesn’t really belong there.
  • Re: Ford’s Final Ute

    RobertRyan - Silliness is in the mind of the beholder, many have wondered why Ford dropped the FPV version of the Ute. a lot of the negatives regarding the Falcon Ute come down to...
  • Re: Life With Accord: 12,000 Miles

    Noble713 - thelaine, I read this article and thought exactly the same thing. I’m not a fan of carpet in general, but especially despise the crap they put in cars. In...
  • Re: Daimler Boss Calls For Safety Standard Harmonization

    Lou_BC - @Vulpine – I don’t consider myself a fan of any size or class of truck. I buy what I think most closely fits my needs at the time...
  • Re: Ford’s Final Ute

    TonyJZX - i can imagine how silly this vehicle looks for non Australians because its ridiculously silly to me who wants a rwd live axled 4,000lb ute with a Ford Fusion note glued...
  • Re: Life With Accord: 12,000 Miles

    Pete Zaitcev - Not anymore. To the best of my knowledge, you cannot get a bare tub Wrangler in the JK generation. It turns out a good thing, because the 42RLE auto is a real...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributing Writers

  • Jack Baruth, United States
  • Brendan McAleer, Canada
  • Marcelo De Vasconcellos, Brazil
  • Vojta Dobes, Czech Republic
  • Matthias Gasnier, Australia
  • W. Christian 'Mental' Ward, Abu Dhabi
  • Mark Stevenson, Canada
  • Cameron Aubernon, United States
  • J Emerson, United States