Mitsubishi Motors, Merrill Lynch to tie up -Nikkei

Newswire

TOKYO, Nov 27 (Reuters) - Japanese carmaker Mitsubishi Motors Corp (MMC), Japan's only loss-making car maker, and U.S. brokerage firm Merrill Lynch plan to set up a joint venture in North America, the Nihon Keizai Shimbun said on Saturday. Details on the new company were sketchy but it could be set up as early as this year as part of rehabilitation efforts for the troubled automaker, the newspaper said. Officials at MMC were not immediately available to comment. Mitsubishi Motors, ...

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