Partsguy5 , we are not insiders, in a way i was right because if you look back to 5 april post i did say this , We did get some market info that did indicate that KION needed to buy Unicarrier to get were they needed to be for their 20 20 plan like now they must buy NACCO to make this plan half way work but even with this this will be a struggle. And for a company Like KION if they wanted Unicarrier and needed Unicarrier like they did to get 20 20 targets they could quite easily out Bid Mitsi. The fact that Mitsi probably made a lower bid than KION could have gone is for people to make up there own minds on. A second question would be why would mitsi buy unicarrier when they have a lot of there own problems in there car business. They are to stop car manufacturing in the US to shore up their Asian business. so why take on all the problems of Unicarrier

As for Nissan name it took years for Nissan to build their brand and name so for them when they got out of forklifts it would be protect their name more than anything else. This is like the Linde name Linde gas own this but needed to let KION keep the name as part of the sale , but this will come to a end over the next couple of years.

AS for KION don't be fooled they are not a German company any more their majority of their shares will now be in Chinese hands and most of their development is being done there in China. OK they do have manufacturing in North America , south America and europe but a lot of the supply now comes from China and the development comes from there as well.

Weichai who now basically control KION at the time of take over said they would invest in Linde hydraulics in Germany but in fact did not do this and did invest in china instead moving tech and jobs to china.


This is like saying Volvo cars is still a Swedish company when its is owned buy the Chinese