DaimlerChrysler AG is likely to increase its proposed stake in Mitsubishi Motors Corp. to between 36 percent and 38 percent from the originally planned 34 percent, sources close to negotiations between the German-U.S. auto giant and the scandal-hit Japanese automaker said Wednesday.
The two companies are also likely to agree that DaimlerChrysler will send officials to Mitsubishi Motors to assume top positions, including the role of chief operating officer, the sources said.
The prospect emerged during a meeting Wednesday in Tokyo between top executives of the two automakers, which was held to discuss the new terms of their proposed alliance following the revelation that Mitsubishi Motors covered up customers' complaints for three decades.
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