Mitsubishi Motors to seek cap increase in April


TOKYO, Feb 19 (Reuters) - Japanese auto maker Mitsubishi Motors Corp said on Thursday that it planned to hold a shareholders' meeting in April to seek authorisation for a capital increase. Chief Executive and President Rolf Eckrodt told a news conference that a new medium-term business plan would be supported by DaimlerChrysler AG , which has a stake of 37 percent, and other Mitsubishi group companies. Eckrodt, who will have been president for two years in June, said a two-year term was ...

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