Daimler–Hyundai Truck

The Daimler–Hyundai Truck Corporation was a joint venture established between Daimler AG 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]

References

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

External links

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