---

DaimlerChrysler Denies Deal with Hyundai & Mitsubishi

7 May 2000

	Germany - Responding to an earlier report of a deal with Hyundai and
Mitsubishi to build 1-litre "world car", a DaimlerChrysler spokesman told
Reuters news agency that "there are no talks between DaimlerChrysler and
Hyundai about a small car and there have also been none."
 
	The previous announcement, issued from a Hyundai spokesperson, stated that
a deal had been struck between the three car makers to build a new 1-litre
engine car beginning in 2002.  The vehicle would have been manufactured in
South Korea, China, Japan, and Europe.

	Stay tuned for more details.