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SOUTH KOREA: Mando wins GM brake and steering systems contract

Mando Corporation has revealed in a brief statement that it has won a contract worth US$520m to supply components to General Motors.

November 29, 2011

Mando Corporation has revealed in a brief statement that it has won a contract worth US$520m to supply components to General Motors.

The parts, which will mainly be brakes and electric power steering systems, will be fitted to GM vehicles from 2014, the Korea-based Tier 1 states.

Author: Glenn Brooks

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SOUTH KOREA: Mando wins GM brake and steering systems contract