Hyundai Motor Co. Ltd. Chairman Chung Mong-Koo was in the U.S. late last week to meet with top DaimlerChrysler AG brass, Hyundai insiders tell Ward's. Officially, Mr. Chung was said to be headed for the States to close a deal to cooperate on fuel cell development with a California-based firm, but company sources say the real reason for the trip was to discuss a possible alliance with DC. Hyundai Group was under pressure last week by creditor banks and the Korean government over its ...
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