South Korea: Mobis wins business with Japanese OEMs

Hyundai Mobis has revealed that it has won orders with a combined value of US$233m from Mitsubishi Motors and Fuji Heavy (Subaru) to supply automotive lighting. According to a Reuters report, the contracts will be the Hyundai affiliate's first parts supply to Japanese OEMs. Analysts have noted that the deal reflects the fact Subscribe to Automotive World … Continued

• By Webmaster
• June 8, 2011