Search results
Results from the WOW.Com Content Network
Mitsubishi's difficulties contributed to a sharp fall in the DaimlerChrysler group's profits, and following the recall of a further 1.5 million cars in February 2001, including almost a million in the U.S., [20] the German parent moved quickly to restructure; approximately 10,000 Mitsubishi employees would be axed and one of its four assembly ...
Chrysler sold its equity stake to Mitsubishi in 1993, and Diamond-Star Motors was renamed Mitsubishi Motors Manufacturing America (MMMA) on July 1, 1995. [3] Despite the departure, the two companies have maintained various co-operative manufacturing agreements since and considered all vehicle produced until 1995 [ 9 ] as Diamond Star Motors.
Mitsubishi's first GS platform car was the 2005 Mitsubishi Outlander crossover SUV. PM/MK vehicles from Chrysler are assembled at Belvidere Assembly in Belvidere, Illinois ( Dodge Caliber and Jeep Compass ) and JS Vehicles were produced at the Sterling Heights Assembly ( Chrysler 200 and Dodge Avenger ).
The companies said Mitsubishi Fuso Truck and Bus Corp., whose top stakeholder is Daimler Truck, and Hino Motors, the truck maker in the Toyota group, will merge. German truck maker Daimler, Japan ...
Aeva Technologies on Tuesday said that it has reached a $1 billion deal with Germany's Daimler Truck to supply sensors for self-driving trucks that are expected to hit U.S. roads in 2027. Aeva, a ...
The Mitsubishi PS platform, also known as "Project America", is a mid-size, front-wheel drive platform developed by Mitsubishi Motors North America.All vehicles built at the Diamond-Star Motors facility in Normal, Illinois are underpinned by the platform, as is the Australian built Mitsubishi 380, which is loosely derived from the PS-based ninth generation of the Mitsubishi Galant.
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
The corporation was established by January 2012, when Fiat acquired a 58.5% stake of the Chrysler Group (which in 1998 to 2007 was part of DaimlerChrysler) and thus became the at the time 7th largest automaker (behind Toyota, General Motors, Volkswagen, Hyundai, Ford and Nissan).