A day after announcing a capital tieup between DaimlerChrysler AG and Mitsubishi Motors Corp., MMC President Katsuhiko Kawasoe indicated Tuesday that the Japanese automaker may obtain a stake in the German-American firm in the future.
"We haven't discussed the idea (of Mitsubishi's obtaining a stake in DaimlerChrysler) and we are going to talk further about our alliance next month," Kawasoe told a news conference at a Tokyo hotel. "It might happen in the future."
According to the agreement revealed in Germany Monday, DaimlerChrysler will acquire a 34 percent stake in the Japanese automaker for 225 billion yen through the purchase of new shares to be allocated by MMC. The deal will create the world's third largest auto group with annual production of 6.4 million units.
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