Stuttgart, Nov 18, 2005
DaimlerChrysler concluded the sale of its stake in Mitsubishi Motors Corporation (MMC).

DaimlerChrysler realized an amount of EUR970 million from this disposal. Due to the complete sales of its shares in MMC, DaimlerChrysler’s financial income in 2005 will improve by EUR680 million, resulting in a positive impact on net income in 2005 of EUR501 million.

On November 11, 2005, DaimlerChrysler had signed the agreement to sell its remaining 12.4% equity interest in MMC.

For more information on DaimlerChrysler products visit Chrysler
For more information on Mitsubishi products visit Mitsubishi

This entry was posted on Friday, November 18th, 2005 at 1:31 pm and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.