UPDATE 1-DaimlerChrysler-Hyundai truck JV faces union snag

Newswire

(Adds Moody's upgrade, closing shares in paragraphs 7-9, 16) SEOUL, May 23 (Reuters) - Labour demands could delay the launch of a Hyundai Motor Co joint venture with DaimlerChrysler AG to make trucks in South Korea, Hyundai said on Friday. DaimlerChrysler, the world's fifth biggest auto maker and Hyundai, South Korea's top auto maker, plan to hold a 50 percent stake each in the 400 million euro ($467.7 million) joint venture. A Hyundai official said talks with unions had continued for ...

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