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Article: Hyundai Motor denies report about GM offer.
- Article from:
- YON - Yonhap News Agency of Korea
- Article date:
- May 15, 2009
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SEOUL, May 14 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, denied Thursday an earlier report that it had been offered by General Motors Corp. to buy a brand of the ailing U.S. automaker. GM, which is seeking to sell its Saturn and Saab brands, had recently sent a letter to Hyundai proposing to sell one of the brands to the South Korean carmaker, the Herald Business newspaper reported. "The report is groundless," said an official at Hyundai. "We hadn't received any ...
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