Hyundai official, DaimlerChrysler say ties are intact

Article Abstract:

DaimlerChrysler AG said it had no plans to end its partnership with Hyundai Motor Co. In a response to market uncertainty about its strategy, Daimler said it would not end its alliance with Hyundai, nor sell its minority share in the South Korean car maker.

Germany, DCX, Daimler AG

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Hyundai Motor has plan to build car plant in U.S

Article Abstract:

Hyundai Motor Co. announced that it was planning to construct a car plant in the US. Hyundai Motor chairman Chung Mong Koo said he is hoping to build a facility that will have a 300,000 unit annual capacity.

United States

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Creditors of Daewoo Motor seek to begin bankruptcy proceedings

Article Abstract:

Daewoo Motor Co.'s creditors are prepared to launch bankruptcy proceedings for the company. The decision came after Daewoo's union turned down a proposed restructuring plan.

Organizational history, Management, Finance, GM Daewoo Auto and Technology Company Ltd., Bankruptcy

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