# Daeil Innotek selected as transmission supplier for Hyundai and Kia

Daeil Innotek, a subsidiary of DIC, was selected as a supplier of transmissions for Hyundai and Kia commercial vehicles. The contract covers approximately 50,000 units from 2020 to 2023, valued at KRW 67 billion.

- Type: Contract
- Announced: 2019-09-26
- Where: South Korea
- Value: $56.0M (67.0B KRW)
- Status: announced
- Products: transmissions for commercial vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Daeil Innotek](https://endata.com/companies/42331.md)
- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)
- [Kia](https://endata.com/companies/10600.md) (customer)
- [DIC Corporation](https://endata.com/companies/19672.md) (partner)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1803138), 2019-09-26: "공급 차종은 현대·기아 상용차(카운티·마이티)와 자일대우버스(레스타)이고 공급 물량은 내년부터 2023년까지 약 5만 대, 금액은 670억 원으로 예상한다"

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