The Car and Truck Fleet and Leasing Management Magazine

DCX Finalizes Deal for Mitsubishi Truck Unit

March 17, 2003

DaimlerChrysler on March 14, 2003, completed a previously announced deal to acquire a 43 percent stake in the commercial vehicle business of the Mitsubishi Motors Corp. The unit was spun off in January 2003 and operates under the name Mitsubishi Fuso Truck and Bus Corp. (MFTBC).DaimlerChrysler also said it expects in the coming weeks that the commercial vehicle business of the Hyundai Motor Co. will be spun off to create the Daimler Hyundai Truck Corporation (DHTC), a company in which DaimlerChrysler is acquiring a 50 percent share.
Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

FleetFAQ

Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All
Sponsored by

Terminology used in Australia and New Zealand to describe a closed-end lease where the lessor is also responsible for the cost of maintenance and registration.

Read more

Up Next

More From The World's Largest Fleet Publisher