Hyundai Mobis has been named the Supplier of the Year by GM, North America's largest car maker. This was the first time that the Korean vehicle parts company won the honor.
GM selects the Supplier of the Year via a comprehensive evaluation of about 3,000 partner companies’ product quality, development capability and innovation among others in a total of 10 sectors, including chassis, powertrains, interior design and electronic devices. Hyundai Mobis was selected as a partner in the field of electronic devices that play a key role in the future car sector.
A representative component supplied by Hyundai Mobis to GM is an integrated switch stack (ICS), a core electric part that controls multimedia and air conditioners. Hyundai Mobis has received orders amounting to a total of US$ 1.1 billion since landing GM's first ICS order in 2010, and has been supplying ICSs to GM's major automobiles from small passenger cars to large SUVs.
In addition to ICSs, Hyundai Mobis is supplying GM with automatic occupant sensors (AOSs) and drums in hats (DIHs) among others.
Hyundai Mobis's competitiveness in electric parts duly recognized by GM is expanding to other automakers in North America and Europe.
Hyundai Mobis is the first to receive a display-type multimedia and air-conditioning control system (DCSD: Disassociated Center Stack Dispersion), which is similar to ICS, to FCA (Fiat Chrysler)
Hyundai Mobis received an order for ICSs from PSA (Peugeot Citroen), a European car maker for the first time in 2015. Hyundai Mobis will continue to expand ordered items and order volume while stepping up efforts to expand its presence in the French market based on its confidential relations formed via ICSs.
On the other hand, Hyundai Mobis announced its strategy to achieve more than 40% of total parts sales from global and car manufacturers other than Hyundai and Kia. To this end, Hyundai Mobis plans to utilize its local factories on the basis of its proprietary technologies and to diversify its order items into core parts for future cars. In addition, the company plans to expand its supply base to newly emerging nations such as China and electric car companies in addition to current automobile customers such as those in North America, Europe, and Japan.