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Hyundai WIA to acquire 100% stake in Hyundai WIA IHI Turbo
Hyundai WIA Corporation announced that it will acquire the remaining 49.0% stake in Hyundai WIA IHI Turbo Co., Ltd. (HWIT) and convert it into its wholly owned subsidiary. HWIT, located in Seosan, Chungcheongnam-Do, Korea currently produces turbochargers for approximately 200,000 vehicles per year. Hyundai WIA is aim....
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