South Korea's Hyundai Mobis inks $1.1 billion deals with GM, Chrysler
The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August 25, 2009.
Credit: Reuters/Jeff Kowalsky/Files
SEOUL |
SEOUL (Reuters) - South Korea's Hyundai Mobis (012330.KS) said on Tuesday that had it signed deals worth $1.07 billion to supply automobile parts for General Motors (GM.N) and Chrysler Group.
Hyundai said in a statement that it would supply automotive rear lamps for the two carmakers.
(Reporting by Ju-min Park; Editing by Jonathan Hopfner)
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Comments (1)
BoloMKXXVIII wrote:
It surprises me that GM would outsource parts to Hyundai. For some reason not so much whith Chrysler (Fiat).
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