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| | Mitsubishi's Shame - TIME Asia Magazine, Jul. 05, 2004 (Site not responding. Last check: 2007-10-22) |
 | | Because in recent months, Mitsubishi's former truck unit admitted to covering up a potentially lethal mechanical defect in its trucks; separately, Mitsubishi Motors launched a massive recall of its cars, including the Pajero, to fix defects that it had kept secret for more than a decade. |
 | | (Mitsubishi Fuso had previously maintained the problem was due to poor maintenance.) Later, the truck unit acknowledged it had hidden a problem with fractured clutch housings that could cause a transmission part to fall off vehicles. |
 | | He quickly announced a restructuring plan that includes cutting 22% of Mitsubishi Motors' 49,000 employees, the closure of a factory in Japan, a revitalized car line with 44 new models to be introduced over the next three years, and a focus on boosting sales in China. |
| www.time.com /time/asia/magazine/article/0,13673,501040705-658372,00.html (1315 words) |
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