GM Generali

23.37

-0.11 (-0.47%)

14:33:16 - Realtime Data

Share Name	Share Symbol	Market	Type
Generali	AQEU:GM	Aquis Europe	Ordinary Share

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.11	-0.47%	23.37	23.35	23.36	23.40	23.07	23.31	127,455	14:33:16

Hyundai Executive: Co Has No Interest In GM Stake If Bankrupt

23/04/2009 7:43am

Dow Jones News

Generali (AQEU:GM)
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South Korea's Hyundai Motor Co. (005380.SE) will have no interest in a stake in General Motors Corp. (GM) if the beleaguered company goes bankrupt and is up for sale, a company executive said Thursday.

"We don't have such a plan even though the U.S. market is very important to Hyundai Motor," T.H. Chung, senior executive vice president of Financial & Accounting Division, told Dow Jones Newswires.

For 2009, Hyundai is targeting more than 5% market share in the U.S., the world's largest automobile market, compared to an accumulated 4.3% as of the first quarter, he said.

-By Kyong-Ae Choi, Dow Jones Newswires; 822-2198-2236; kyong-ae.choi@dowjones.com