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Japanese firm rejects Chrysler bail out plea
Mitsubishi Motors rejects Chrysler’s request for a joint venture to rescue the ailing U.S. automaker. Details of Chrysler’s plan were not released. Mitsubishi calls Kyodo reports inaccurate and says merger possible only when Chrysler is financially stable. AFL CIO head Kirkland meets Suzuki as auto export data show a 1980 record with U.S. purchases leading.
MENTIONED IN THIS ARTICLE
Chrysler
Tokyo
Chrysler Corporation
Mitsubishi Motors Corp
U.S
Mitsubishi
Kyodo
Salomon Brothers
Mitsubishi Group
Japan
Exxon Corp
Dodge
Plymouth
United States
Afl-Cio
Lane Kirkland
Zenko Suzuki
Labor Federation
Japan Institute of Labor