The foundation of the future DaimlerChrysler AG, Mitsubishi Motors Corp. and Hyundai Motor Co. Ltd. joint venture engine plant in the U.S. has been laid, says Chrysler Group President Dieter Zetsche. Zetsche announces the three auto companies have signed a memorandum of understanding that outlines how the plant will be managed. "The North American plant will be co-managed by executives from all three partner companies, with Chrysler Group in the lead," he tells reporters on the first day ...

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