Daimler Chrysler sells Hyundai Motor Stakes free review German carmaker Daimler Chrysler AG announced Tuesday that it sold its 10.5 percent stake in Hyundai Motor at US$912 million. The German car manufacturer is unwinding its alliance with Hyundai. daimler chrysler ag daimler chrysler DaimlerChrysler sells Hyundai stake (http://www.awknowledge.com/AEM/content.asp?contentid=29747 , AWKnowledge (subscription)) ASIAN STRATEGY: DCX sells stake in Hyundai (http://www.freep.com/money/autonews/dcx17e

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	Daimler Chrysler sells Hyundai Motor Stakes
	German carmaker Daimler Chrysler AG announced Tuesday that it sold its 10.5 percent stake in Hyundai Motor at US$912 million. The German car manufacturer is unwinding its alliance with Hyundai.

Updated	Aug 17, 2004 15:33:00
Rating	32 ( -6 -18.75% )
Author	Chosun Ilbo

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DaimlerChrysler sells Hyundai stake (http://www.awknowledge.com/AEM/content.asp?contentid=29747 — AWKnowledge (subscription))
ASIAN STRATEGY: DCX sells stake in Hyundai (http://www.freep.com/money/autonews/dcx17e_20040817.htm — Detroit Free Press)

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	ASIAN STRATEGY: DCX sells stake in Hyundai - DaimlerChrysler AG sold its 10.5-percent stake in South Korea's Hyundai Motor Co. for $912 million after CEO Juergen Schrempp's plan to win more of the Asian market failed. Daimler sells off stake in Hyundai - LONDON/FRANKFURTDaimlerChrysler AG says it has raised more than $900 million (US) by selling its 10.5 per cent stake in Hyundai Motor Co. Ltd., a remnant of dented ambitions to build a global car-making empire. Daimler sells stake in Hyundai Motors - Seoul: DaimlerChrhrysler, the worlds fifth=biggest carmaker today sold its 10.5 per cent stake in South Korea's largest carmaker, Hyundai Motors for $912 million. This drove Hyundai shares down by 2.6 per cent.
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