SEOUL, May 29 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s largest auto parts maker by sales, has emerged as a key supplier of General Motors Co. after it secured a US$1.1 billion deal to provide auto parts for eight years, the company announced Tuesday. The Detroit-based carmaker recently picked Hyundai Mobis as one of [...]
SEOUL, May 9 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, said Wednesday it aims to make inroads into the global automotive digital instrument cluster market to generate future growth. Hyundai Mobis, the auto component affiliate of Hyundai Motor Group, said it began production of 7-inch digital instrument clusters [...]
SEOUL, April 26 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, on Thursday outlined its growth plans in line with its parent Hyundai Motor Group’s broad governance restructuring program. The move comes after Hyundai Motor Group announced last month that auto parts supplier Hyundai Mobis will spin off its [...]
SEOUL, April 24 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Tuesday it has developed an advanced suspension system that helps reduce the body lean of cars during cornering. The company said five years of work went into its electrical Active Roll Stabilization (eARS), which not only improves handling on turns but also [...]
SEOUL, Apr. 19 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Thursday it will test a self-driving vehicle in the United States this year, with an aim to mass-produce a semi-autonomous car in 2022. The company said it plans to start test driving a vehicle named M.BILLY on the motorways [...]
SEOUL, Dec. 21 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s largest auto parts maker, said Thursday it will develop a safety system by 2021 aimed at preventing accidents caused by drivers dozing off at the wheel. Hyundai Mobis plans to introduce the Departed Driver Rescue & Exit Maneuver (DDREM) technology that allows the vehicle [...]
SEOUL, Oct. 30 (Korea Bizwire) – Hyundai Mobis Co., South Korea’s largest auto parts maker by sales, said Monday its third-quarter net profit plunged 32 percent on lower demand from China. For the three months that ended on Sept. 30, net profit declined to 482.2 billion won (US$429 million) from 705.8 billion won a year earlier, the company [...]
SEOUL, Oct. 18 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s largest auto parts maker by sales, has developed an air bag system for a sun roof for the first time in the automobile industry, the company said Wednesday. “In the past two and a half years, the company has developed the air bag system [...]
SEOUL, Aug. 16 (Korea Bizwire) — Hyundai Mobis Co., South Korea’s biggest auto parts maker, has developed a bi-directional onboard charger loadable on an electric vehicle, the company said Wednesday. The bi-directional onboard charger (OBC) allows an electric car that comes with it to charge itself at a charging station. It also allows the vehicle [...]
SEOUL, Aug. 8 (Korea Bizwire) – South Korea’s top auto parts maker Hyundai Mobis Co. said Tuesday it has built a plant capable of mass-producing parts for hydrogen fuel cell electric vehicles in a bid to preempt the global market. The company said the factory, located inside its existing eco-friendly vehicle parts complex in the [...]