Mobis plans winter testing in Sweden; Korean supplier will assess brakes, steering systems.(Hyundai Mobis)

Automotive News Europe,  October, 2005  by Thorpe, Norman

• E-mail
• Print
• Link

Byline: Norman Thorpe

Hyundai Mobis is planning to invest [euro]8.3 million to build a test-drive course on a frozen lake in Sweden, joining a host of other suppliers that do extreme cold testing there.

Korea's biggest auto parts- maker will use the center to test brake, steering, and suspension systems.

Mobis aims to expand greatly sales of its braking systems as part of its plans to become a global Top 10 supplier by 2010. It hopes to sell $1 billion dollars (about [euro]800,000 million) worth of brake systems in 2010, compared with an expected $300 million worth this ...

Read the rest of this article with a Free Trial at HighBeam Research.