# GMB Korea wins KRW 404.1B auto parts supply contract with Hyundai/Kia for North America plants

GMB Korea announced a contract with Hyundai Motor and Kia to supply automotive parts for their North American plants. The contract is valued at KRW 404.05 billion (approx. 55.6% of GMB Korea's annual revenue) and runs from January 1, 2027 to December 31, 2033.

- Type: Contract
- Announced: 2026-02-05
- Where: North America, United States
- Value: $303.0M (404.1B KRW)
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [GMB Korea](https://endata.com/companies/13889.md)
- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)
- [Kia](https://endata.com/companies/10600.md) (customer)

## Sources

- [hankyung.com](https://www.hankyung.com/article/202602056291L), 2026-02-05: "지엠비코리아(013870)는 현대차/기아 북미공장향 자동차부품 공급계약 체결에 관한 단일판매ㆍ공급계약체결 을 05일에 공시했다."

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