(May 16, 2010) DETROIT — Hyundai said Friday that it had no plans to bring a pickup truck to the U.S. market for "the foreseeable future," according to a report by Reuters news service.

The statement was issued in response to a Reuters report on Tuesday that quoted three people with knowledge of the plans as saying that Hyundai had floated plans to enter the U.S. pickup truck market and proposed a partnership with Chrysler.

As one option, Hyundai made a proposal to Chrysler earlier this year under which the U.S. automaker would build a truck for Hyundai based on Chrysler's Ram truck platform, two of the sources told Reuters.

Chrysler CEO Sergio Marchionne rebuffed Hyundai's initial approach in February, the sources said.

Hyundai said in its statement that it was not currently in discussions about selling a rebadged Chrysler vehicle in the U.S. market.