Hyundai Mobis Signs Supply Contracts With BWM, GM

News: According to The Korea Herald, South Korean auto parts maker Hyundai Mobis has entered into supply contracts worth US$90mn with German automaker BMW and US automaker General Motors (GM). The supplier has signed a three-year contract with BMW for supplying rear lamps and an eight-year contract with GM to supply drum-in-disc park brakes for its Cadillac vehicles.

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