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Hyundai, Kia to help suppliers in parts development

All News 11:33 June 14, 2017

SEOUL, June 14 (Yonhap) -- Hyundai Motor Co. and its affiliate Kia Motors Corp. said Wednesday they will help their parts suppliers in research and development activities for win-win outcomes.

On Tuesday, the two carmakers met with 138 key component suppliers to strengthen their partnership for mutual growth, Hyundai Motor said in a statement.

Hyundai and Kia have held the "Tech Day" event every year since 2006 to help their subcontractors improve their R&D capabilities and have them provide the "quality" components for their next-generation vehicles, it said.

The next-generation vehicles include connected cars, autonomous cars and environment friendly cars, which all require high-end technologies.

Early this year, the carmakers began to temporarily send the "residence engineer" to their suppliers to deliver consulting services and implement quality control on parts, the statement said.


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