TEXT-S&P: M'bishi Mtrs Fuso sale not to affect rating

Newswire

(The following was provided by the ratings agency) TOKYO, Jan 16 --Standard & Poor's Ratings Services said today that the announcement by Mitsubishi Motors Corp. (B+/Negative/--) that it will sell a 22% stake in truck and bus subsidiary Mitsubishi Fuso Truck and Bus Corp. (MFTBC) to DaimlerChrysler AG (BBB/Negative/A-2) would not immediately affect the ratings on the company, given the severe challenges facing Mitsubishi Motors, including a weak financial profile and difficult earnings ...

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