UPDATE 1-Mitsubishi Motors CEO Eckrodt steps down

Newswire

(Adds details, background) TOKYO, April 26 (Reuters) - Mitsubishi Motors Corp said on Monday its German CEO had resigned after DaimlerChrysler AG announced last week it would cut off all financial aid to its ailing Japanese partner. The resignation of Rolf Eckrodt, 61, had been expected even before DaimlerChrysler's surprise decision, as speculation swirled that he would be asked to take responsibility for the hefty losses at Mitsubishi's North American operations. Mitsubishi Motors, ...

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