South Korea's Hyundai Mobis inks $1.1 billion deals with GM, Chrysler

Mon Jan 30, 2012 11:24pm EST
 
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SEOUL (Reuters) - South Korea's Hyundai Mobis (012330.KS: Quote) said on Tuesday that had it signed deals worth $1.07 billion to supply automobile parts for General Motors (GM.N: Quote) and Chrysler Group.

Hyundai said in a statement that it would supply automotive rear lamps for the two carmakers.

(Reporting by Ju-min Park; Editing by Jonathan Hopfner)

 
<p>The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August 25, 2009. REUTERS/Jeff Kowalsky/Files</p>