Debt worries cut Daimler's ties to Mitsubishi-paper


FRANKFURT, May 18 (Reuters) - Worries about debt prompted DaimlerChrysler AG to pull the plug on fresh finance for ailing Japanese ally Mitsubishi Motors Corp (MMC), DaimlerChrysler's chief executive said in a magazine interview. Juergen Schrempp told "manager magazin" he had made clear to Mitsubishi group executives that the German-American carmaker would take part in a capital increase only if they granted MMC debt relief, but they had refused. Schrempp was then unable to persuade his ...

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