UPDATE 1-Hyundai Motor, Daimler discuss alliance shift

Newswire

(Recasts with Hyundai announcement, updates shares) SEOUL, April 26 (Reuters) - South Korea's top auto maker Hyundai Motor Co said on Monday it was in talks with German car maker DaimlerChrysler to work together on a "project-by-project basis", rather than have a full alliance. DaimlerChrysler, which has a 10 percent stake in Hyundai Motor worth close to $900 million, is reviewing its Asian strategy and said last week it would cut off financial support for Mitsubishi Motors Corp , and ...

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