ginning of 2023, the Company decided to withdraw from the Russian market. The Company estimated costs associated with the termination of operations in Russia at EUR 204.3 million. The Company has been operating in Russia since 2005. Its main customers in Russia were Avtovaz, Renault-Nissan, Hyundai-Kia, and Volkswagen. Format Invest LLC was registered in June 2023. Its main owners are top managers of the Company’s Russian subsidiaries. (From mu...

Major Suppliers  Updated at: 2025/05/09

European airbag and steering wheel operations. Jan.2010 Agreed to buy the outstanding 40% of shares in its Japanese joint venture Autoliv Nichiyu Co., Ltd. Jan.2010 Announced to acquire Delphi's Occupant Protection Systems (OPS) operations in Korea and China. Existing customers include Hyundai-Kia, Chery and Tata Mar.2010 Announced that it has acquired Visteon's radar system business. Apr. 2010 Acquired Delphi's Pyrotechnic Safety Switch...

Major Suppliers  Updated at: 2025/05/07

plans to develop its global strategy for the automotive parts business centering on Delphi's chassis business. (From an article in the Nikkan Jidosha Shimbun on Nov. 5) Autoliv will acquire Delphi's Occupant Protection Systems (OPS) operations in Korea and China. Existing customers include Hyundai-Kia, Chery and Tata. These operations are expected to generate approximately 250 million USD of annualized sales in 2010. The Asian transaction is exp...

Major Suppliers  Updated at: 2025/04/23

o Hyundai/Kia. -In the fiscal year ended on December 31, 2024, sales to Hyundai and Kia accounted for 41.2% and 34.9% of total sales, respectively.-In addition to its domestic Korean facilities, the Company operates production facilities in China, India, Indonesia, Hungary, the Czech Republic, Slovakia, Turkey, Mexico, U.S., Russia, Brazil and Spain.-On November 14, 2022, the company announced the formal establishment of two module and part manuf...

Major Suppliers  Updated at: 2025/04/16

less Control System. (From a press release on July 11, 2007) Gentex Corporation has announced that its rear camera display mirror will be available for the first time in the Korean market on the all new Kia Mohave available in early 2008. The Mohave, the first mid-size sport utility vehicle from Kia, will be sold in North America as the Borrego and will be available beginning in mid-2008. An interior auto-dimming mirror with rear camera displa...

Major Suppliers  Updated at: 2025/03/19

employ at least 700 people. Kyungshin Cable plans to start the construction of the plant in April and to complete it in 2021. Kyungshin Cable operates within the Kyungshin Group and manufactures electronic components for the automotive industry, mainly cable sets for manufacturers such as Hyundai, Kia, Volkswagen, Ford, Volvo, and BMW. (From an article of Development Agency of Serbia on March 6, 2020) Various media sources reported that Kyungshi...

Major Suppliers  Updated at: 2024/10/03

f conventional constant velocity joints and is trying to expand the order. IDA integrates a driveshaft and wheel bearings. It is built with lighter parts and has higher rigidity and largely-improved driving performance. IDAs are currently installed in the models like the Hyundai Ioniq 5 and the Kia EV6. (From a press release on January 24, 2024) R&D Structure Subsidiary name Location Research Uiwang R&D Center  Uiwang, Gyeonggi-doKorea C...

Major Suppliers  Updated at: 2024/09/05

D 60 million in the 40,000-square-meter site to manufacture internal vehicle control systems, such as switch modules and interior lamps, and electric control systems, such as sensors and body control equipment. The company will use the new facility in North America to supply OEMs including Hyundai, Kia, GM and FCA. (From a Mexico-Now article on May 7, 2018) LS Automotive announced that it has invested USD 61 million to install a manufacturing fac...

Major Suppliers  Updated at: 2024/09/02

and other automotive products. -Introduced technology based on partnership agreements formed with Hella, Stanley Electric, Aptiv and others.  Business division Products Customer Location Sales (in KRW million) Lamp Head Lamp, Rear Lamp, HMSL, High (Mounted Stop Lamp), Fog Lamp Hyundai, Kia, GM, Geely, Dongfeng Motor KoreaUSIndiaChinaBrazil 3,891,310(80.4%) Electrification Shift Lever Hyundai, Kia, GM, Ford KoreaUSPoland 528,767(10...

Major Suppliers  Updated at: 2024/08/13

1, 2012. (From a press release, September 21, 2012) Hyundai KEFICO is aiming to achieve an annual operating revenue of 5 trillion won in 2020, which will be a profit margin of 6%. In addition, the Company is working to increase the percentage of products it sells to customers other than Hyundai and KIA, to 20%. (From a Sep. 28, 2012 press release) Hyundai KEFICO announced that Park, Sang Kyu was appointed new president of the company on November ...

Major Suppliers  Updated at: 2024/06/11

, a leading battery exhibition in Seoul, from October 21 to 11, 2020. At this exhibition, the South Korean company will exhibit the Hyundai Ioniq 5 and the Ford F-150 Lightning, for which the company supplies secondary batteries for electric vehicles (EV). It also plans to show 3D movies of the Kia EV6, the model to be released in the future. In addition, it will introduce the quick charging technology that can charge batteries in 15 minutes and ...

Major Suppliers  Updated at: 2024/05/15

to focus particularity on the ADAS, which is a core technology for autonomous driving, to boost its competitiveness in the global market. Mando’s sales in 2016 were Korean won (KRW) 287.3 billion, but in 2018, they probably reached KRW 494.4 billion. Its supply is currently focused on Hyundai and Kia, but the company aims to extend the reach to other global automakers in the future. (From some releases on January 14, 2019) Mando Corp. announced...

Major Suppliers  Updated at: 2024/04/23

Hanon Systems (Formerly Halla Visteon Climate Control) Korea Soo Il Lee (CEO) -A leading automotive air conditioning system supplier in Korea. -The company mainly supplies products to Hyundai, Kia, and Ford. -The company manufactures air conditioning, powertrain cooling, compressors, fluid transport, and hydraulic control systems. History 1986 Established as a joint venture between Ford and Mando Machinery (now Mando) of Korea. 1999 Ford t...

Major Suppliers  Updated at: 2024/04/16