This extension letter states the new period of lease from the old and soon-to-be expire period. This notification will allow the tenant to continue with the currently rented property. New terms and conditions of the contract may be included in this letter. From: Matthew Middleton.
DaimlerChrysler Takes Ownership of Detroit Diesel in $700 Million Deal. DaimlerChrysler became the sole owner of Detroit Diesel by purchasing the outstanding 78.7 percent of the Redford, Mich., company's stock.
A Legacy of Excellence. The craftsmanship of Detroit Diesel 2-Cycle engines is a reflection of our strong heritage in the diesel engine business. Our two ancestral companies â MTU Friedrichshafen in Germany and Detroit Diesel Corporation in the United States â are long-time dominant forces in diesel engine innovation and manufacturing.