DaimlerChrysler axes Mitsubishi jobs
	The move will entail closing one of the company's four existing car assembly plants and result in a 20% reduction in production capacity. The announcement came ahead of a press conference on Monday where DaimlerChrysler announced details of a far-reaching corporate shake-up and a group-wide 49% fall in underlying profits to 5.2bn euros ($4.8bn). The BBC's Richard Scott reports.