UPDATE 2-Daimler races higher after Mitsubishi exit

Newswire

(Updates share price, fund manager, broker upgrades) By Marius Bosch FRANKFURT, April 23 (Reuters) - Shares in DaimlerChrysler surged over nine percent on Friday after the German carmaker said it would end its costly involvement with struggling Mitsubishi Motors . DaimlerChrysler, the world's fifth-largest automaker, said late on Thursday it would not participate in a rescue capital increase planned by Mitsubishi Motors and that it would try to sell its 37 percent stake. Investors ...

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