Daimler-Hyundai Truck

From Wikipedia, the free encyclopedia

The Daimler-Hyundai Truck Corporation was a joint venture established between DaimlerChrysler and Hyundai Motor Company[1] in 2000 to produce high-tech middle-range trucks and buses in the Korean market beginning in 2004.[2]

After numerous delays and disputes,[3] the planned venture was cancelled in 2004, with DaimlerChrysler selling its 10.65 percent stake in Hyundai Motor.[4]

[edit] References

  1. ^ "Hyundai Motor & DaimlerChrysler Unveil New Joint Truck Company", News World (Korea), 2001-08-01. Retrieved on 2006-11-30. (in English)
  2. ^ Hyundai Motor Co. (2001-11-14). Hyundai Motor and DaimlerChrysler Break Ground for New Commercial Vehicle Engine Plant. Press release. Retrieved on 2006-11-30.
  3. ^ "Hyundai wants end to Daimler's Beijing deal", People's Daily (China), 2003-10-15. Retrieved on 2006-11-30. (in English)
  4. ^ "Daimler, Hyundai Separating", The Washington Post, 2004-05-13, p. E02. Retrieved on 2006-11-30.

[edit] External links

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