SOUTH KOREA: Mando wins General Motors and DaimlerChrysler supply contracts – report
South Korea's unlisted Mando Co has won $US541 million of contracts to supply automotive parts to General Motors and DaimlerChrysler AG, the Korea Economic Daily said in its early Thursday edition, according to Reuters.
South Korea’s unlisted Mando Co has won $US541 million of contracts to supply automotive parts to General Motors and DaimlerChrysler AG, the Korea Economic Daily said on its early Thursday edition, according to Reuters.
The company would provide $380 million worth of braking system modules to GM, while supplying $161 million worth of steering systems to DaimlerChrysler, the report said, while Mando did not disclose further details, Reuters added.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
