FRANKFURT, Aug 16 (Reuters) - DaimlerChrysler raised more than $900 million by selling its 10.5 percent stake in Hyundai Motor Co Ltd but will continue joint projects with its Korean partner, the carmaker said on Monday.
"Our proceeds were just over $900 million," a Daimler spokesman said, recalling that it had paid $428 million for the shares in June 2000. He would not comment on how or when DaimlerChrysler would account for the gain.