DaimlerChrysler and the Hyundai Motor Company will hold company board meetings to approve an alliance between the two car manufacturers, according to Hyundai`s president. Reports of the alliance however, from the Yonhap News Agency, brought a muted response from DaimlerChrysler who were unavailable for comment. Hyundai Motor, a unit of the Hyundai Group, were also playing it safe by not confirming the meeting, set for June 24th.