UPDATE 1-Schrempp says Daimler will keep Mitsubishi stake

Newswire

(Adds Schrempp letter to staff, background; updates shares) FRANKFURT, April 30 (Reuters) - Automaker DaimlerChrysler will keep its 37-percent stake in Japan's ailing Mitsubishi Motors Corp , Chief Executive Juergen Schrempp said in a letter to staff seen by Reuters on Friday. Schrempp said the company remained committed to its strategy of keeping a firm foothold in Asia, despite last week's decision to cut off financial aid for its partner. "None of the management or supervisory board ...

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