Three of big the major automakers of Japan devolved their management leadership to the foreign automakers during the 1990s. Needless to say, these devolvements were motivated by a series of financial planning problems, which were in turn related to the industrial structure and management style characteristic of the Japanese Automobile industry. This paper examines and evaluates the management reforms put into place by the DaimlarChrysler management in order to overcome the financial planning problems faced by Mitsubishi Motors.