SEOUL – Hyundai Motor Co. Ltd. and DaimlerChrysler AG have taken a major step forward in their plans to form a truck-producing joint venture in Korea. Hyundai Motor President and CEO Kim Dong-Jin says Hyundai will begin selling DC heavy-duty trucks of 23 ton GVW and more, beginning in June. "Hyundai Motor and DaimlerChrysler are scheduled to establish a joint venture vehicle company in Korea by the end of this year," Kim says. "Our German partner wished to advance the schedule for ...
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