INTERVIEW-Profit margin key for Daimler to up MMC stake


TOKYO, June 25 (Reuters) - Mitsubishi Motors Corp's chief executive, Rolf Eckrodt, said on Tuesday that a five percent operating profit margin was a key target to be met before DaimlerChrysler AG would lift its stake in the Japanese automaker. DaimlerChrysler has a 37.3 percent holding in Japan's fourth-largest automaker, with an option to raise the stake from October 2003. "I think the only criteria for a stronger engagement is the success of the company," Eckrodt told Reuters in his ...

Premium Content (PAID Subscription Required)

"INTERVIEW-Profit margin key for Daimler to up MMC stake" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×