Mitsubishi dealers indicted in Egypt were huge compensation lawsuit
Super cars news, comprehensive foreign coverage Japan Automobile manufacturers Mitsubishi (Mitsubishi Motors) recently due to the lifting of agency contract was its Egypt dealer Masria sued.
Masria and Mitsubishi's contract will expire in June of this year, but Mitsubishi decided not to renew the agent contract and Masria. To this end have sued Mitsubishi Masria and requested to pay $ 900 million of Mitsubishi compensation ― nearly Mitsubishi half of the total amount of net assets.
Mitsubishi Motors will excuse that Mitsubishi and Masria signed contract, Mitsubishi has the right not to renew the agent contract and Masria, just 6 months advance notice to the other party.
At present, the lawsuit has not yet announced the final results.