Hyundai Mobis supplying R-MDPS to Hyundai and Kia

Hyundai Mobis Ltd. currently produces 170 units of rack-type motor drive power steering (R-MDPS) units per day at its MDPS plant in Poseung in Pyeongtaek, Kyonggi. The company now sells its R-MDPS to Hyundai and Kia for the Hyundai Genesis G70 and the Kia Stinger. It expects to sell 30,000 units of them in 2017. In 2....

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