Quoted: Very odd when Daimler-Chrysler's Hyundai and Mercades divisions both offer 100000/10year warranties...
Daimler does not own Hyundai. Hyundai is rich enough to buy Daimler if they wanted to. Hyundai also owns Kia. The warranties are fantastic. The quality of my Kia Spectra is very good. I can own my vehicle during the payment period without getting dinged for a transmission or engine.
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No, DC got controlling interest in Hyundai Motors for firesale prices back when the South East Asian economy tanked in late 1990s, and it took it off the hands of the Korean goverment, who had in turn taken it off the hands of strapped banks. I do not think that DC bought the shipbuilding, heavy equipment, or military production facilites though- although they have the same name those are a different company.
DC added another 15% of Hundai when they acquired Mitsubishi Motors 4 years ago. And again, when they acquired that they did NOT acquire Mitsubishi Electronics or Mitsubishi Heavy Industries, or Mitsubishi Aerospace. All of which are healthy and profitable companies. But even though they use the same name and logo they have not been part of the SAME company since the end of WWII.
DC is now seriously considering dumping Mitsubishi Motors- not even considering selling it because they couldn't recoup their investment that way, but dismantling it. They do want to keep Hyundai. Hyundai has become quite profitable and out sold Mitsubishi in the US last year.