South Korea’s Hyundai Motor Co. Ltd. is putting on indefinite hold negotiations with DaimlerChrysler AG over a planned commercial-vehicle joint venture, following DC’s recent deal with Hyundai's Chinese partner. DC holds a 10% stake in Hyundai, making it the largest shareholder. As a first step in the truck deal, Hyundai in Korea began selling Mercedes heavy-duty trucks in 2002. The two in November 2002 launched a $230 million engine plant in Hyundai’s Chonju Commercial Vehicle Plant ...
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