Hyundai Mobis

Hyundai Mobis Company Limited[2] ([3]), commonly known as Hyundai Mobis, is a public South Korean car parts company which is a member of Hyundai Motor Group. Founded in 1977, the company currently forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company, Genesis Motors and Kia Motors. As of 2014, it was the "world's No. 6 automotive supplier".[4]

History

Headquartered in Seoul, South Korea, it was founded on June 25, 1977 as "Korea Precision Industry",[5] then to Hyundai Precision Industry a few days later on July 1.[5] In 2000, the company changed its name to Hyundai Mobis.[6]

In June 2023, the company ranked #464 on the Forbes Global 2000, with a market cap of US $15.14 billion. [7] In 2015, it had revenues of $32.11 billion.[7]

Products

The company offers chassis, cockpit, and front-end modules; safety products, including airbags; headlights; anti-lock brake system and electronic stability control products; steering parts; multimedia in-car entertainment systems; Kia Connect systems; injection-molded plastic parts, such as instrument panels, carriers, and bumpers; and steel wheel rims and decks. It also supplies after-sales service parts for vehicles. Concentrating its resources on A/S parts sales, module parts manufacture and parts export, Hyundai MOBIS has firmly established its position as the leading auto parts specialist company.

Car production

In the 1990s, Hyundai Precision produced the Hyundai Galloper and Santamo cars at the Ulsan plant next to Giant Hyundai motor complex. Hyundai motor Ulsan complex was at that time the world's single largest motor plant of 1.5 million units production capacity.[8]

I.E 5 assembly plant of 30,000 car production annual capacity since 2000s, but production shifted to the Hyundai Motor Company in 1999.

See also

• Ulsan Hyundai Mobis Phoebus

External links

• MOBIS Brand Media Site