SOUTH KOREA: Visteon claims unit's relations with Hyundai remain strong

SOUTH KOREA: Visteon claims unit’s relations with Hyundai remain strong

Visteon has said its South Korean unit Halla Climate Control's relations with Hyundai Motor remained strong following a media report that the automaker was changing suppliers.

January 4, 2013

Visteon has said its South Korean unit Halla Climate Control’s relations with Hyundai Motor remained strong following a media report that the automaker was changing suppliers.

According to Reuters, the Korea Economic Daily had said Hyundai changed to Denso for the new Sonata sedan which will be produced at the US plant in Alabama from next year.

“HCC’s relationship with Hyundai remains strong and we expect it will be further strengthened with the integration of Visteon’s climate business into HCC,” Visteon chief executive Timothy Leuliette told the news agency.

Visteon did not comment on the Sonata contract but said: “HCC does not win 100% of Hyundai’s climate business and does not participate in every Hyundai vehicle programme.”