Gen Kanai

What Happened to Mitsubishi Motors? (GS, DCX)

I just don't see any future for Mitsubishi Motors except for a govt. restructing, which I think would be a mistake. Japan has more than enough competition in the car industry, Mitsubishi Motors has a horrendous record of safety problems and recalls, and Mitsubishi as a keiretsu is more than busy with everything else that it's doing.

We've seen the Japanese govt. step in to save Daiei and I predict the same would happen here, even if I think that in the long term it isn't the right use of Japanese taxpayers' funds.