SEOUL – Hyundai Motor Co. Ltd.’s board of directors unanimously has approved the deal to roll the company’s commercial-vehicle operations into a joint venture with DaimlerChrysler AG, Ward's has learned. The Hyundai board’s Feb. 14 vote and subsequent filing of its resolution and other documents with South Korea’s Securities Commission, is the last hurdle in the 3-year long process to form a 50-50 JV in which DC will acquire 50% of Hyundai’s commercial vehicle operations. ...

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