Daimler says no current plan to up Mitsubishi stake

Newswire

SINDELFINGEN, Germany, Feb 20 (Reuters) - Carmaker DaimlerChrysler AG said on Thursday it had no current plans to increase its stake in Japanese partner Mitsubishi Motors Corp . "An increase in our participation at Mitsubishi is not planned at present," DaimlerChrysler Chief Financial Officer Manfred Gentz told the group's annual news conference, adding that a capital injection was also not on the cards. DaimlerChrysler holds 37 percent of Mitsubishi and has an option to raise the ...

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