# Hyundai Industrial wins KRW 160 billion supply contract for new Telluride parts

Hyundai Industrial signed a contract to supply headrests and armrests for Hyundai's new North American SUV Telluride (LQ2) worth approximately KRW 160 billion over six years, with production starting mid-December 2025.

- Type: Contract
- Announced: 2025-12-11
- Where: North America (Hyundai's plant), United States
- Value: $120.0M (160.0B KRW)
- Status: announced
- Products: headrests, armrests, interior parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)
- [Hyundai Industrial](https://endata.com/companies/35845.md) (supplier)

## Sources

- [finance-scope.com](https://www.finance-scope.com/article/view/scp202512110010), 2025-12-11: "This contract allows us to strengthen our global OEM supply capabilities centered on Hyundai's North American plant."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.