DaimlerChrysler-Hyundai truck JV faces tough union

Newswire

SEOUL, May 23 (Reuters) - Labour demands could delay the launch of a Hyundai Motor Co joint venture with DaimlerChrysler AG to make trucks in South Korea, Hyundai said on Friday. DaimlerChrysler, the world's number five auto maker and Hyundai, South Korea's top auto maker, plan to hold a 50 percent stake each in the 400 million euro ($467.7 million) joint venture. A Hyundai official said talks with labour unions had continued for months over issues such as a union demand for 10-year job ...

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