Mitsubishi Motors faces cuts, new partner search

Newswire

By Chang-Ran Kim, Asia auto correspondent TOKYO, April 23 (Reuters) - Mitsubishi Motors Corp faces a bleaker future as a smaller company without financial help from DaimlerChrysler AG and may not survive unless it finds a new strategic partner, analysts said on Friday. DaimlerChrysler, Mitsubishi Motors' biggest sharholder, cut off financial support for Japan's only unprofitable car maker, saying it would not contribute in a proposed capital increase. It said it may put its 37 percent ...

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