DaimlerChrysler AG has increased its controlling stake in Mitsubishi Fuso Truck and Bus Corp. by another 20 per cent. The automotive and commercial vehicle giant hiked its share from 65 to 85 per cent in the Asian medium-duty truckmaker. The remaining 15 per cent will be held by Mitsubishi Motors.

The new share is a result of an agreement with Mitsubishi Motors in regards to damages related to product quality coverups at Mitsubishi Fuso. The coverup -- discovered when DaimlerChrysler took controlling stake last year -- has led to recalls of over one million vehicles and arrests of former Mitsubishi executives, including the former president of Mitsubishi Motors.