Leoni to supply cable harnesses to Hyundai

January 20, 2015 // By Christoph Hammerschmidt
Wiring system manufacturer Leoni AG has received a major order from Korean carmaker Hyundai: The world's fourth-largest vehicle manufacturer has assigned Leoni to provide cable harnesses in the double-digit million euro range, distributed over six years.

Starting December 2016, Leoni will equip an unspecified medium-sized Hyundai vehicle with cable harnesses. According to Leoni, the deciding factor was its logistic concept. The harnesses will me manufactured in a production facility in a relatively low distance to Hyundai's plant in the Czech Republic.

Hyundai plans to expand its European business. The company already runs a design centre in Germany and a production plant in the Czech Republic. Commissioning Leoni as the largest European system provider for cabling systems and harnesses is regarded as a first step towards this end, Leoni said in a press release. The company will deliver between 130.000 and 160.000 cable sets per year.

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