| Heavy Industries, which 100% owns Subaru. Given the # of parts that Nissan buys from Mitsu Heavy Industries (MHI), I thought this might be a move to help shore up their supply chain. Stable suppliers are critical to their business. I'm not 100% certain its not, as I'm not super clear how the Mitsubishi group divides resources and capitalization. I would have rather seen Nissan/Renault buy a portion of their equity back from the French government - they have expressed an interest in extricating themselves from that relationship in the past, and I think it would be a good move for Nissan in general. I'l be interested in understanding the real motives as the news continues to trickle out.
1993 Ultra Red Z32 TT Convertible 2011 Electric Blue D40 1997 Cobalt Green S14 (project fun 2.0) The Z Car Club of Northern Virginia


"boobies have power" - Bernie(NoVA) |