UPDATE 2-Mitsubishi Motors to boost rescue funds by 20 pct

Newswire

(Adds analyst comments and more detail) By Takaya Yamaguchi and Yuka Obayashi TOKYO, June 29 (Reuters) - Japanese car maker Mitsubishi Motors Corp (MMC) will get extra cash to pay for restructuring as it struggles to repair an image and sales battered by scandals over coverups of vehicle defects and a growing number of recalls. MMC said on Tuesday it aims to raise up to 546 billion yen ($5 billion) for a rescue package, 20 percent more than an original plan it announced in May. U.S. ...

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