Whether or not the next round of funding comes from Toyota, the automaker's three major stakeholders, Mitsubishi Heavy Industries, Mitsubishi Corp. and Bank of Tokyo-Mitsubishi, or the Japanese government, probably won't matter to MMC's CFO Keiichiro Hashimoto, as long as the money arrives. Company executives will release its ongoing strategy at the end of this month, which should include where it plans to secure funding.
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| Good news for DaimlerChrysler is the announcement that MMC will continue to share platforms and components. A replacement for the Chrysler Sebring/Dodge Stratus is expected to be built off of the new Galant chassis architecture. (Photo: Trevor Hofmann, Canadian Auto Press) |
Part of MMC's revival plan will include a restructuring of its market strategy, which could include partnerships such as DCX.
"When DaimlerChrysler was in charge of the restructuring plan, the idea was to look at MMC in terms of what it meant for DaimlerChrysler's global strategy," Okazaki said. "Now, we're looking at what's necessary for MMC to survive, and there could be some differences between our plan and DaimlerChrysler's."
Good news to DCX, and expected, will be that MMC CFO Hashimoto stated that the two companies would continue their existing platform and component sharing projects. What the future will hold, however, is anyone's guess.