Transportation equipment industry
DaimlerChrysler to Acquire 33.4% Stake in Mitsubishi Motors for $1.3 Billion
DaimlerChrysler, the German-American carmaker, is set to acquire a 33.4% stake in Japan's Mitsubishi Motors for approximately $1.3 billion, marking a significant consolidation of the global automobile industry. The deal, expected to be announced tomorrow, would make DaimlerChrysler the world's third-largest automaker, trailing behind