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THE INVESTOR]
Hyundai Mobis said on April 19 that it has begun production of head and rear lamps at its Czech Republic plant.
Hyundai Mobis has spent 140 billion won (US$123 million) on the plant that is capable of producing headlamps for 750,000 vehicles and rear lamps for another 750,000 units annually, the company said in a statement.
The value-added auto parts will be delivered to
Hyundai Motor’s Czech plant and
Kia Motors’ Slovakia plant, a company spokesman said.
By Alex Lee and newswires (
alexlee@heraldcorp.com)