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.
Keeping a good thing going. MTUâs success today is due in large part to its strong heritage in the diesel engine business. Itâs ancestry can be traced back not only Germanyâs MTU, but also North Americaâs Detroit Dieselâboth brands that dominated diesel engine innovation and manufacturing on their respective continents for most of the 20th century. Today nearly 250,000 Detroit Diesel 2-Cycle engines are still going strong all over the world. As the sole owner of this powerful product line, MTU is proud to continue providing expert support. Originally formed by General Motors in 1937, Detroit Diesel produced its first two-stroke engine in Redford, Michigan.