DaimlerChrysler-Mitsubishi JVs stay
14 November 2005
German-American auto maker DaimlerChrysler has announced plans to sell its 12.4% stake in Japan's Mitsubishi Motors, but the two companies will maintain joint ventures in China, reported the Wall Street Journal. DaimlerChrysler also said they "plan to renew and extend current projects which are mutually beneficial".