Automakers cool to US-SKorea trade deal

Domestic automakers said Monday they would oppose a U.S. trade deal with South Korea because it failed to do enough to open the Korean market to the U.S. auto industry.

Both Ford Motor Co. and DaimlerChrysler AG's Chrysler Group said they were "extremely disappointed" with the deal, which involved both sides cutting and phasing out tariffs on automobiles.

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- Posted: 2007-04-03 11:13:54

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