Hyundai says no sign DaimlerChrysler lifting stake

Newswire

SEOUL, Aug 29 (Reuters) - U.S.-German auto maker DaimlerChrysler AG has not signalled its intention to raise its stake in Hyundai Motor Co , South Korea's largest auto maker, Hyundai said on Friday. Hyundai Motor shares ended up almost four percent at 39,200 won on market talk that DaimlerChrysler might expand its stake in to 15 percent from the current 10 percent. "DaimerChrysler has not signalled any intention to do that," Hyundai Motor spokesman Oles Gadacz said. "We see no benefit ...

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