Going Bust.Mexican bus and truck manufacturer Consorcio G Grupo Dina continues to struggle for survival. Dina recently shuttered shut·ter n. 1. One that shuts, as: a. A hinged cover or screen for a window, usually fitted with louvers. b. its truck plant in the northern city of Ciudad Sahagun--the latest in a series of cost cutting measures aimed at keeping the company afloat. Dina is seeking a buyer for its remaining 24% stake in Motor Coach Industries Inc. (MCII MCII Midnight Club 2 (game) MCII Motor Coach Industries International, Inc. (Canada) MCII MCI International MCII Medium Current Ion Implant ), which was the largest U.S. bus U.S. Bus Corporation of Suffern, New York is a manufacturer of small and mid-sized school buses and non-school buses, such as those used by churches and day care centers. Products
Selling MCII won't be easy. Analysts say it has lost considerable value in the wake of a worldwide slump in demand for buses. If it can't be sold, Dina will close operations and sell assets to meet its obligations. Its shares were recently delisted from the Mexican Stock Exchange Mexican Stock Exchange The only stock exchange in Mexico. The Indice de Precios y Cotizaciones, or IPC index, consists of the 35 most representative stocks chosen every two months. . |
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