German carmaker DaimlerChrysler has sold its 12.4 per cent stake in troubled Japanese automaker Mitsubishi Motors. The share was bought by investment bank Goldman Sachs Group Inc. DaimlerChrysler once had a 37 per cent stake in Mitsubishi. Mitsubishi had been included in Daimler's goal to become a global force in the auto industry. The sale of the Mitsubishi stake is expected to boost revenue at DaimlerChrysler by some €500 million for 2005. Shares in DaimlerChrysler rose on the news. Source:
http://www.detnews.com
