saargummi-automotive

SaarGummi in technical deal with the Korean automotive supplier

Wadern-Büschfeld, Germany – SaarGummi Group has entered a technical agreement and is considering forming a joint venture with Korean automotive components supplier AIA Corp, SaarGummi announced 2 June.

The technical deal, which was signed at the end of May, is intended to link SaarGummi’s capabilities in sealing systems with AIA’s in the manufacture of anti-vibration systems, bumpers and weatherstrips.

AIA has significant existing business with Hyundai Motor Co. and Kia Motors Corp, including delivering 12% of the weatherstrips for both Korean car makers, according to Saargummi’s statement.

“We…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with