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boscoe wrote on Dec 4, 2008 3:03 PM:" BMW, Mercedes, Subaru, Honda, Toyota, Mitsubishi, etc. all build autos in the US, but you don't hear these companies whining and begging for bailouts. Big Three business plans are beyond broken. NO BAILOUTS. ". boscoe wrote on Dec 4, 2008 3:01 PM:" CEOs should have reduced their pay before now. Unions should have given concessions before now. Should have converted to alternative fuel cars before now. They should have closed unneeded plants before now. NO... (Jefferson City News Tribune, MO)
Could electric cars charge up struggling automakers? Dec 6, 2008
Mitsubishi, for example, plans to launch its small iMiEV electric car next summer and test it in California, Europe and in New Zealand. Nissan plans a Real Car with a 100-mile range that it promises will meet all highway safety tests and offer all the hot gizmos such as GPS and heated seats. (Columbus Telegram, NE)
Malaysia's Proton to Build New Car With Mitsubishi Dec 5, 2008
Malaysia's Proton in alliance with Japan's Mitsubishi to jointly build new car ... Malaysian national carmaker Proton has formed an alliance with Japan's Mitsubishi Motors Corp. to jointly build a new car as part of efforts to modernize its vehicle lineup and improve component quality ... Mitsubishi will provide technical and engineering services under a product collaboration agreement, Proton said Friday in a statement. (ABC News -- Wire)
Proton in product collaboration with Mitsubishi Dec 5, 2008
KUALA LUMPUR: Proton Holdings Bhd and Mitsubishi Motors Corp have agreed on a product collaboration that would see Proton source a vehicle from Japan to replace the Waja and Mitsubishi take the Persona and Protons upcoming MPV (multi purpose vehicle) to be marketed as Mitsubishis in certain markets. The agreement would also see Proton and Mitsubishi Motors jointly develop a small hatchback car that is slated to be introduced after 2010 ... The deal with Mitsubishi, which would have met the... (The Star Online, Malaysia -- Business)
Japan Stocks Extend Weekly Drop on Bank Profit Concern; Tiremakers Advance Dec 5, 2008
Mitsubishi UFJ slumped 5 ... The brokerage cut 12-month price estimates on Mitsubishi UFJ, Mizuho and Sumitomo Mitsui by as much as 55 percent, and lowered Fukuokas rating to sell from neutral. (Bloomberg -- Japan)
Mitsubishi UFJ, Financial Stocks Decline in Tokyo Amid Weakening Economy Dec 5, 2008
Mitsubishi UFJ, Mizuho Lead Banks Lower in Tokyo (Update1). By Brett Miller. (Bloomberg -- Japan)
AutoCanada Income Fund Announces Purchase of Volkswagen Dealership Dec 4, 2008
Through its owned and managed dealerships, it currently sells Chrysler, Dodge, Jeep(R), Infiniti, Nissan, Hyundai, Subaru, Mitsubishi and Volkswagen branded vehicles. In 2007, its owned and managed dealerships sold approximately 23,300 vehicles, processed approximately 231,700 service and collision repair orders in 260 service bays, and generated revenue of approximately $835 million. (Canada Newswire)
UAW agrees to Concessions With Automakers Dec 4, 2008
UAW Vice President Jimmy Settles, who negotiated a $4 per hour wage cut in return for new investment at a Mitsubishi plant in Normal, Ill ... "Mitsubishi represents less than 1% of the U.S. market," he said. (Time.com)
Japan Stocks Retreat on Concern U.S. Carmakers May Fold; Refiners Advance Dec 4, 2008
Closest rival Mitsubishi Estate Co. slid 3 ... Macquarie Securities Ltd. analyst cut his price estimates on Mitsui Fudosan and Mitsubishi Estate by as much as 48 percent, citing a decline in corporate earnings and increasing uncertainties in the macro environment. (Bloomberg -- Japan)
Holiday Tech Guide: HDTV Advice Dec 3, 2008
For example, Mitsubishi is now selling a 73-inch 1080p DLP set for $1,999. . (Washington Post -- Technology)
Vehicles seized from Metro Hyundai Dec 3, 2008
Metro Auto Group, a 3-year-old partnership, bought the former Landers-McLarty Hyundai franchise last year and moved it from its location on U.S. 80 to the frontage road off I-20 near its other dealership, Metro Mitsubishi ... Metro Hyundai Mitsubishi in Jackson closed Nov. 20 after accusations of mismanagement. (The Clarion-Ledger)
Japan Stocks Slump on Global Manufacturing Drop, Stronger Yen Dec 2, 2008
3 percent to 3,300 yen, while Mitsubishi Corp., a trading company that gets more than half its profit from commodities, lost 10 percent to 1,073 yen ... 4 percent to 228,300 yen, while market leader Mitsubishi UFJ Financial Group Inc. dropped 6. (Bloomberg)
Local authorities get in on push for electric cars Dec 2, 2008
BMW says its Mini E, being tested in Los Angeles and New York, goes 156 miles on a full charge. The average price of a gallon of regular gasoline seems to be falling around the country. (USA Today -- Autos)
Mitsubishi to start electric car production Dec 2, 2008
SUBANG: While many car companies are still trying to perfect their electric cars, Mitsubishi Motors Corp has forged ahead with its i MiEV electric car that is set to enter production next year ... Mitsubishi Motors Malaysia Sdn Bhd chief executive officer Keizo Ono said the i MiEV was not a concept car but one ready for mass production ... Mitsubishi Motors Malaysia Sdn Bhd CEO Ono (left) and Mitsubishi Motors Corps MiEV business management representative Takayuki Yatabe at the media preview of... (The Star Online, Malaysia -- Business)
Asian Stocks Decline on Signs Global Recession Is Deepening; BHP Slumps Dec 1, 2008
Mitsubishi Estate, which owns office buildings in Tokyos main business district, fell 5. 6 percent to 1,341 yen. (Bloomberg -- Asia)
Platinum slides 7% on soft auto data Dec 1, 2008
The market is now reacting to uncertainty about how the Chinese market will fare going forwards, said Tom Kendall, precious metals strategist at Mitsubishi Corporation. Japanese automakers, who were regarded as best managed and strongest financially, are clearly facing the same problems as all the others. (Globe and Mail -- Business)
Stereo equipment taken from two cars Dec 1, 2008
Thieves pried open the door to a 1997 Mitsubishi Eclipse and broke the window to a 1997 Toyota Tercel between 9 a.m. Friday and 8 a.m. Saturday while the vehicles were parked in the 200 block of Sunset Drive and stole stereos, amplifiers, speakers and speaker boxes valued at $2,050, Athens-Clarke police said. Originally published in the Athens Banner-Herald on Monday, December 01, 2008. (Athens Banner-Herald)
Citi Tries To Save Face Dec 1, 2008
Likely bidders include Japanese trust banks like Mitsubishi UFJ Trust, Sumitomo Trust and Mizuho Trust. With Post wires. (New York Post -- Business)
Wages Decline for First Time This Year as Companies Cut Overtime, Output Dec 1, 2008
Cuts to part-time staff have been announced in the past month by Mitsubishi Motors Corp., Daimler AG's Mitsubishi Fuso Truck & Bus Corp., Isuzu Motors Ltd., Mazda Motor Corp. and Toyota Motor Corp.. Households pared for a eighth month in October, the number of available jobs for each applicant slid to a four- year low and consumer sentiment fell to a record. (Bloomberg -- Japan)
Report: Citigroup to sell Japan trust banking unit Nov 30, 2008 2008 Mitsubishi Lancer Evolution GSR Review Nov 29, 2008 Toyota, Nissan Lead Decline in Japan Auto Output as Exports to U.S. Drop Nov 28, 2008 Car show has something for everyone Nov 28, 2008 Detroit: Coming In On A Wing and A Prayer Nov 28, 2008 Norinchukin Bank looks to raise $10.5 billion Nov 28, 2008 Businesses Plan to Fire 30,000 Temporary Workers by March, Ministry Says Nov 28, 2008 Vehicle Preview 2009 Nov 27, 2008 Detroit motor show loses sparkle Nov 27, 2008 Detroit Auto Show Loses Luster as Hometown Carmakers Struggle for Survival Nov 27, 2008 Mitsubishi Motors Corporation Appoints New President and CEO of Mitsubishi Motors North America Nov 26, 2008 Car customer left hanging Nov 26, 2008 MHI to Establish Forklift Truck Manufacture Company in China to Realize Globally Optimized Production and Procurement Structure in Response to New Business Environment Nov 26, 2008 Carmakers driving back to Washington this time Nov 25, 2008 Asian Stocks Jump as Commodity Prices Rally on Citigroup Rescue; BHP Soars Nov 25, 2008 Nissan pulls out of Chicago Auto Show Nov 25, 2008 Nissan withdraws from Detroit auto show Nov 25, 2008 Rocket fuel found in milk in California Nov 25, 2008 Nissan to pass on auto shows in Detroit, Chicago Nov 25, 2008 Auto Makers Settle for Tough Love Nov 25, 2008 Man wins 2 vehicles in 10 days Nov 25, 2008 German soldiers may wage war on sobriety Nov 24, 2008 Karamjit affirms his status as top rally driver Nov 24, 2008 Governor Moves California Primary To Feb. 5 Nov 23, 2008 Liquidity crunch boosts used car market Nov 23, 2008 Prayad wins Dunlop Phoenix Nov 23, 2008 Bonds now blasting deer instead of baseballs Nov 23, 2008 Hecker closes 6 dealerships, sells 3 more Nov 22, 2008 Girl Driver, USA: Whirr! We are all going electric Nov 22, 2008 Denny Hecker announces closings of 6 dealerships Nov 22, 2008 Oil Bounces Back From 3-1/2 Year Low Nov 21, 2008 Watertown auto dealerships affected differently by tough economy Nov 21, 2008 China May Save The Electric Car Nov 21, 2008 Japan stocks rise after losses earlier this week Nov 21, 2008 How to become a millionaire Nov 21, 2008 Local Car Dealer: No Bailout Would be ... Nov 20, 2008 Sumitomo Mitsui Financial to raise $2.9 billion Nov 20, 2008 Mitsubishi, Honda follow Nano trail Nov 19, 2008 Global Stocks Sag as Auto Woes Stir Caution Nov 19, 2008 Asian stocks fall as gloom deepens Nov 19, 2008 Mitsubishi UFJ first-half profit dives 64 percent Nov 18, 2008 Economic problems keep investors worried Nov 18, 2008 After lag, job losses hit banks across Asia Nov 18, 2008 Stocks fall in Europe and Asia Nov 18, 2008 Japan's `Least Ugly' Economy May Outpace U.S., Europe in Financial Crisis Nov 18, 2008 Stocks Drop on Concern Developers' Profits to Fall; Mining Shares Advance Nov 18, 2008 Crime Log: Firefighter’s car stolen, set on fire Nov 16, 2008 As GM teeters, the auto industry's outlook is dire Nov 16, 2008 Gold rebounds as funds buy up Nov 15, 2008 China positioned to unleash global deflation Nov 15, 2008 A GM Collapse May Not Be All Bad Nov 15, 2008 Motoring: What makes cars sexy Nov 14, 2008 November heat wave is taking shape Nov 13, 2008 Morgan Stanley cuts jobs in biggest business Nov 13, 2008 Mizuho fund-raising as more banks report losses Nov 13, 2008 Mitsubishi supplier to close local office Nov 13, 2008 Bailout Or Not, Detroit Has A Capacity Problem Nov 13, 2008 Japan Stocks Fall to Two-Week Low on Spending Concern; Sony, Mizuho Drop Nov 13, 2008 Rudd rejects car funding doubts Nov 12, 2008 Japan Stocks Drop a 2nd Day as Oil, Copper Declines Point to Slowdown Nov 12, 2008 Circuit City, DHL hit by economic woes Nov 11, 2008 Coming to your back pocket: The wallet phone Nov 11, 2008 Mitsubishi to take over Lucite for $1.6 billion Nov 11, 2008 Circuit City files for bankruptcy protection Nov 11, 2008 AutoCanada Income Fund releases financial results for the reporting period ended September 30, 2008 Nov 10, 2008
Several major Japanese trust banks, including Mitsubishi UFJ Trust ng Corp., Sumitomo Trust ng Co. and Mizuho Trust ng Co., are expected to place their bids, the Nikkei said, without citing sources. Officials at Nikko Citigroup and NikkoCiti Trust were not available for comment Sunday. (San Francisco Chronicle -- Business)
Mitsubishi's pricey peak performer Nov 29, 2008
2008 Mitsubishi Lancer Evolution MR ... WASHINGTON - Mitsubishi Motors plans to abandon its failed policy of pursuing the mainstream ... That means, as publicly announced in Automotive News and other industry trade journals, Mitsubishi will stop production of its midsize Galant sedan at its assembly plant in Normal, Ill. (Boston Globe)
Canadian sports car enthusiasts have been blessed this year, as two new video game celebrities finally arrived in our market: the , and the Mitsubishi Lancer Evo ... Other Reviews Available For The 2008 Mitsubishi Lancer Evolution ... 2008 Mitsubishi Lancer Evolution Specifications. (Auto123)
Mitsubishi halted production at two Japan plants for four days this month, spokesman said. the maker of Subaru-brand cars, increased domestic output 9. (Bloomberg -- Asia)
Mitsubishi, Land Rover, Rolls-Royce and Suzuki have all said they will not attend. The Chicago show is in February. (The Augusta Chronicle)
Toyota is one of the financially strongest automakers, so this slowdown is likely to be harder on the smaller Asian auto companies such as Mitsubishi Motors (other-otc: - - ). The Japanese yen is now trading near its fair value--96 to the dollar at last check--and the Japanese like to see it at 115. (Forbes)
Mitsubishi UFJ Financial Group, the largest listed Japanese bank, said last month it would raise up to 990 billion to replenish its capital base, which has been also hit by a hefty investment in Morgan Stanley. Rival lenders Mizuho Financial Group and Sumitomo Mitsui Financial Group have also announced plans to raise funds. (International Herald Tribune -- Business)
Job cuts to part-time staff have been announced in the past month by Mitsubishi Motors Corp., Daimler AG's Mitsubishi Fuso Truck & Bus Corp., Isuzu Motors Ltd., Mazda Motor Corp. and Toyota. Aso's Concern. (Bloomberg -- Japan)
New Car Preview from FLORIDA TODAY. Updated November 27, 2008. (Florida Today)
Besides Nissan, this year's no-shows are Mitsubishi Motors Corp., Suzuki Motor Corp., Ferrari SpA, Land Rover and Bayerische Motoren Werke AG's Rolls-Royce ... His dealership group sells autos from Nissan, Honda's Acura, Hyundai, Mitsubishi and Kia. (Sydney Morning Herald -- Business)
His dealership group sells autos from Nissan, Hondas Acura, Hyundai, Mitsubishi and Kia. Maybe it just would be better not to have fog and smoke at the press conferences, Fox said. (Bloomberg)
Nov. 25 /PRNewswire/ -- Mitsubishi Motors Corporation today announced that effective January 1, 2009, Shinichi Kurihara (59) will succeed Hiroshi Harunari as President and CEO of Mitsubishi Motors North America (MMNA). With the fulfillment of his three-year term, Hiroshi Harunari returns to Japan for reassignment within Mitsubishi Motors Corporation ... Kurihara intends to capitalize on Mitsubishi's core brand attributes that strongly differentiate Mitsubishi in the marketplace. (PR Newswire)
FTMBrewery wrote on Nov 26, 2008 4:28 AM:" Since my other post was deleted, I guess I will post the guts of it here.From the beginning when it was the Car Connection, the original owner was to my knowledge, not eligible to hold a dealer license due to other shady dealerships and doings. One event really stuck in my mind. They received a new Nissan 350Z when they first came out. I stopped by and inquired about it and the price they wanted was about 5K more than MSRP. The car didn't sell and the... (Logan Herald Journal, UT)
Tokyo, Nov 26, 2008 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) will establish a forklift truck manufacture company in Dalian, in China's Liaoning Province, tentatively named Mitsubishi Forklift (Dalian) Co., Ltd. With the establishment of its own cost-competitive manufacturing plant in China, now home to the world's largest market for engine-powered forklift trucks, MHI looks to conduct vigorous business closely adapted to the local market while simultaneously avoiding foreign... (JCN Network, Japan)
Mitsubishi, Land Rover, Rolls-Royce and Suzuki also said they will not attend. - Associated Press. (San Francisco Chronicle -- Business)
Mitsubishi Estate Co. surged 8 ... Mitsubishi Estate, Japan's second-largest developer, added 8. (Bloomberg -- Asia)
Mitsubishi, Land Rover, Rolls-Royce and Suzuki have all said they will not attend Detroit show in January. (The Associated Press contributed to this report. (Crain's Chicago Business)
Mitsubishi, Land Rover, Rolls-Royce, and Suzuki have all said they will not attend the show. I certainly respect Nissan and any of the other companies that have to make a decision hopefully a short-term decision, said Carl Galeana, co-chair of the Detroit show. (MSNBC -- Business)
Not clear if amount imperils children. Tuesday, June 22, 2004. (Yahoo News -- Food Safety)
Mitsubishi Motors, Suzuki Motor, Land Rover and Rolls-Royce all have said they would skip the Detroit show in January. Automakers have been cutting back on car shows as they trim budgets during the difficult economy. (USA Today -- Autos)
Toyota, Honda, Kia, Mitsubishi, BMW and Daimler AG -- all have established auto assembly plants in the U.S. in recent years, and those plants are disproportionately situated in the low-cost, little-unionized states of the South. That means many of those auto plants now are enriching states dominated by Republicans. (Wall Street Journal)
Horton was notified on October 5 he had won a Mitsubishi Lancer in a contest sponsored by Bic lighter. As if that weren't enough, he also won tickets to a recent Kansas City Chiefs game in another drawing. (India Times, India)
FromVeracom Ford Mitsubishi. 2005 Five Hundred. (San Francisco Chronicle)
Karamjit, who had already secured his 10th overall national title in the previous round in Johor two months ago, completed the two-day event with co-driver Jagdev Singh in their Mitsubishi Lancer car in 126:34. Karamjit Singh. (The Star Online, Malaysia -- Sports)
After my test drive of the Mitsubishi i MiEV at the 2008 LA Auto Show yesterday. Make sure you know where money's going and what it's doing. (Yahoo News -- Campaign Finance)
Cars such as Skoda Octavia, Mitsubishi Cedia and Honda Civic are in abundant supply ... Popular SUVs such as Honda CR-V, Ford Endeavour, Mitsubishi Pajero and now GMs Captiva are also being disposed of at jaw-dropping prices. (India Times, India -- Intl Business)
The 17-year-old Ishikawa made a six-foot birdie putt on the final hole to pull within one stroke but Marksaeng made par on 18 to seal his third win on the Japan Tour this year after the Mitsubishi Diamond Cup and Yomiuri Classic. Spain's Gonzalo Fernandez-Castano fired a 67 to finish in a tie for third place with Japanese golfers Shigeki Maruyama and Hiroyuki Fujita, who both shot 68. (International Herald Tribune)
FromVeracom Ford Mitsubishi. 2007 Taurus. (San Francisco Chronicle -- Politics)
for free extra services. Subscribe to Minneapolis / St. Paul Business Journal. (Twin Cities Business Journal, MN)
In addition to the proposed 2010 arrival of the Volt, Mini is testing a pure electric vehicle, Nissan says it will introduce a pure electric car for fleet use, Mitsubishi plans to bring a pure electric with a range of 100 miles to the U.S. and Dodge is looking at electric as well. Whirr city. (Hillsdale Independent, NY)
The dealerships that will be shut down Saturday are the Blaine Bargain Lot, Forest Lake Chrysler Jeep Dodge Mitsubishi, Monticello Dodge Ford and Mercury Suzuki Kia, Rosedale Hyundai, Shakopee Chrysler Jeep Dodge, and Stillwater Ford Lincoln Mercury. Hecker will continue to run seven car dealerships, six in Minnesota and one in Los Angeles, including: Brainerd Hyundai, Brainerd Toyota, Inver Grove Heights Toyota, Los Angeles Hyundai, Pine City Car and Truck City, Southview Chevrolet, St. Cloud... (Brainerd Daily Dispatch)
"The economy is pulling everything down like a black hole," said Anthony Nunan, risk management executive at Tokyo-based Mitsubishi Corp. "Until the economy stabilises, it will be hard for oil to put in a bottom.". Oil has lost two thirds of its value in just under four months since peaking above $147 in July as the financial crisis grips economies around the globe and limits demand for fuel. (ABC News -- Wire)
The company had to close its Dodge franchise in March, while it closed its Mitsubishi and Isuzu dealerships in September ... He said his Mitsubishi branch weathered the economy the best, but high gas prices led to its demise. (Watertown TAB & Press, MA)
In 2009, Mitsubishi Motors (other-otc: - - ) plans to start selling the i Miev, a small, snub-nosed hatchback that is powered by lithium-ion batteries, bringing it to market a year ahead of rival electric cars from General Motors and Renault-Nissan (nasdaq: - - ). Toyota (nyse: - - ) has also developed a next-generation all electric vehicle. (Forbes -- Technology)
9 percent, and Mitsubishi UFJ Financial Group rose 2. 5 percent. (International Herald Tribune)
She worked hard, driving around in her Mitsubishi L300, sourcing fabric and visiting customers. But as the Asian import market started to grow, many of the big retailers began buying through their parent companies rather than independently for the New Zealand market. (iAfrica.com)
He now shares space with Denoyer Mitsubishi to stay afloat. Carl said, "Quite frankly there's no solitude in being here today and feeling as though you're going to be here tomorrow.". (FOX23 News, NY)
The country's two largest banks, Mitsubishi UFJ Financial Group and Mizuho Financial Group, have announced plans to raise as much as $13 billion between them to shore up their balance sheets ... Mitsubishi UFJ dropped 6. (International Herald Tribune -- Business)
After Tata Motors decided to relocate its small car project in Ahmedabad, Japanese auto giants Honda and Mitsubishi want to park themselves in the state. Officials from both Honda and Mitsubishi met representatives of Gujarats delegation that visited Japan last week ... Both Honda and Mitsubishi have shown interest in making investment in the state, said a senior official in the chief ministers office (CMO). (India Times, India -- Intl Business)
7 percent, driven in part by falling bank shares after No. 1 Mitsubishi UFJ Financial Group suffered a 61 percent drop in quarterly profit and a report said Sumitomo Mitsui Financial Group aimed to raise $4. 2 billion in capital. (ABC News -- Wire)
8%, driven in part by falling bank shares after No. 1 Mitsubishi UFJ Financial Group suffered a 61% drop in quarterly profit and a report said Sumitomo Mitsui Financial Group aimed to raise $US4. 2 billion in capital. (Sydney Morning Herald -- Business)
Mitsubishi UFJ Financial Group Inc. , Japan's largest bank, said first-half net profit plunged 64 percent, hit by higher credit costs and losses on its shareholdings. The company, one of three Japanese "megabanks," said Tuesday that net profit for the April-September fiscal half fell to 92. (International Herald Tribune)
Bank shares slipped on growing worries about the financial sector in the wake of massive job cuts announced by Citigroup, with Mitsubishi UFJ Financial Group down 6. 7 percent before its earnings announcement after the close. (International Herald Tribune)
In addition, a sharp fall in profit at Japan's biggest bank, Mitsubishi UFJ Financial Group, on Tuesday hammered home the message that the financial community in the Asia-Pacific region is likely to face increasing job cuts ... Mitsubishi UFJ reported that its profits had plummeted 61 percent in the three months to the end of September. (International Herald Tribune -- Business)
The Japanese lender Mitsubishi UFJ fell 7 percent in Tokyo, after saying its first-half net profit fell 64 percent from a year earlier. BNP Paribas slid 8. (International Herald Tribune -- Business)
Losses on stock investments have forced Mitsubishi UFJ and , the country's top two banks, to sell shares in order to replenish capital. The value of foreign takeovers by Japanese companies has more than tripled so far this year as prices plummeted and the yen gained, according to Bloomberg data. (Bloomberg)
Mitsubishi Estate lost 8. 3 percent to 1,280 yen, the lowest close since August 2005. (Bloomberg -- Japan)
A 2007 Mitsubishi Eclipse was found on a dirt road, south of the intersection of Country Club Road and Santa Rita Road, engulfed in flames, reports said. When Rural Metro firefighters arrived to put out the fire, one firefighter noticed that the vehicle looked similar to his co-worker s Eclipse, which had been stolen out of Oro Valley the night before. (Green Valley News & Sun, AZ)
" Deduct wages and taxes from the calculation and the picture is less rosy. With $6.2 billion from the Government expected to generate $16 billion from the industry, the ratio of investment to assistance is about three to one. Car makers everywhere have their hands out for government money, but in Australia's case there's a crucial difference. Australia has a rare capacity to make cars from start to finish but it's also in a small subset of that group that has no sovereign industry. The others... (The Australian)
"Gold was oversold, and there was good fund buying in the gold pit at market opening,'' said Jonathan Jossen, COMEX gold options floor trader in New York. Spot gold was at $US746.65, up 1.6% from Thursday's close of $US734.30. US gold futures for December delivery settled up $US37.50, or 5.3%, to $US742.50 an ounce on the COMEX division of the New York Mercantile Exchange. "Gold jumped after the start of COMEX trading,'' said Tom Kendall, precious metals strategist at Mitsubishi. "It was very... (Sydney Morning Herald -- Business)
After a recent visit to China, Nobuyuki Saji, chief economist and equity strategist for Japanese investment bank Mitsubishi UFJ Securities, issued a report warning that China could be on the verge of pushing the world into a deflationary spiral. The problem. (Globe and Mail -- Business)
Ohio is the manufacturing home of Honda Motor in the U.S.; Toyota Motor has a plant in Indiana and shares a plant with Subaru there, too, and Mitsubishi Motor is in Illinois. Alabama, Kentucky, Tennessee, South Carolina and Mississippi--and Georgia to come--are the states where foreign companies make their homes. (Forbes -- Business)
Creative director of The Furnace advertising agency in Sydney, Rob Martin Murphy, has worked on ad campaigns for Volvo, Peugeot and Mitsubishi. With his many years of selling the motoring sizzle, he's had a lot of time to think about the connection between cars and sex. (Sydney Morning Herald -- Business)
FromVeracom Ford Mitsubishi. 2006 Focus. (San Francisco Chronicle -- Sports)
Morgan Stanley also raised $9 billion in a deal with Japan's Mitsubishi UFJ Financial Group Inc. and received $10 billion as part of the government bailout package. Massive job cuts are likely to figure in the restructuring of Wall Street, with financial companies rolling back their payrolls to levels seen a few years ago. (MSNBC -- Business)
Mizuho followed in the footsteps of larger rival Mitsubishi UFJ Financial Group, which said last month it would raise $10. 5-billion to offset stock market losses. (Globe and Mail -- Business)
NORMAL -- A Mitsubishi Motors North America supplier will close its Twin City office but still serve the Normal auto plant from another location next year ... Mitsubishis U.S. sales through October totaled 87,591, a 23 ... Yazaki supplies Mitsubishi with wire harnesses and combi-meters, said plant spokesman Dan Irvin. (The Pantagraph newspaper)
Mitsubishi Motor is contemplating moving production of its slow-selling Galant sedan out of its Illinois plant and is trying to decide what else to build in that factory. Alfa Romeo has delayed its return to the U.S. by a year, until 2011, but Alfa wants to build vehicles here too. (Forbes -- Business)
Mitsubishi UFJ Securities Co. boosted it recommendation on Shimizu to ``outperform. . (Bloomberg -- Japan)
The former head of Mitsubishi Australia, Graham Spurling, has cast doubt on the ability of Ford and Holden's US companies to invest in developing Australia's car industry. But Mr Rudd told Question Time the Government funding will not flow to companies unless they match it. (ABC Online)
Mitsubishi Corp., which gets more than half its profit from commodities, sank 8 ... Mitsubishi, Japan's largest trading company by value, sank 8. (Bloomberg -- Japan)
Smaller creditors include GPS navigation system maker Garmin, Nikon, Lenovo, Eastman Kodak and Mitsubishi. Horvers also found it encouraging that the company was able to secure financing. (MSNBC -- Politics)
The Japanese telecommunications operator, KDDI, for example, recently set up a bank along with Mitsubishi UFJ Financial Group. NTT DoCoMo, the biggest Japanese wireless carrier, offers credit cards and lending services in conjunction with Sumitomo Mitsui Financial Group. (International Herald Tribune -- Business)
Mitsubishi to take over Lucite for $1 ... Mitsubishi to take over Lucite for $1 ... 6 billion cash takeover by Japan's Mitsubishi Rayon Co. Ltd., which would gain ownership of the Lucite and Perspex acrylic plastic brands. (International Herald Tribune -- Arts)
Smaller creditors include GPS navigation system maker Garmin, Nikon, Lenovo, Eastman Kodak and Mitsubishi. Deutsche Bank analyst Mike Baker told investors that consumers learning about Circuit City's bankruptcy may go elsewhere because of a lack of confidence in the company. (San Diego Union-Tribune -- Business)
Through its owned and managed dealerships, it currently sells Chrysler, Dodge, Jeep(R), Infiniti, Nissan, Hyundai, Subaru and Mitsubishi branded vehicles. In 2007, it's owned and managed dealerships sold approximately 23,300 vehicles, processed approximately 231,700 service and collision repair orders in 260 service bays, and generated revenue of approximately $835 million. (Canada Newswire)
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