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DAIMLERCHRYSLER TO FIX STANCE ON HYUNDAI MOTOR STAKE THIS WK.
(From Asia Pulse)
SEOUL, April 26 Asia Pulse - DaimlerChrysler is scheduled to determine its final stance on the rumored severance of its alliance with Hyundai Motor Co. (KSE:05380) at its supervisory board meeting in New York Thursday (local time), officials from both automakers said.
The New York meeting has been called to discuss the future of chairman Juergen Schrempp, as well as the German auto group's new strategy in Asia, including its partnership with Hyundai Motor, they said.
"Very little (about DaimlerChrysler's position on Hyundai Motor) has been made known to us," Kim Sang-tae, a Hyundai Motor spokesman, said. "We are just waiting for …
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