Mando Signs 1.4 tln Won Deal to Supply Suspension Systems to Volkswagen

SEOUL, March 22 (Korea Bizwire) — Mando Corp., a South Korean auto parts maker, said Monday it has struck a deal to supply automotive suspension systems to Volkswagen Group. The deal is valued at 1.4 trillion won (US$1.2 billion), the company said in a regulatory filing. Mando said it will build 50 million suspension components [...]