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Hyundai WIA Shandong has won a new engine supply contract from Changfeng Motor worth KRW 840 billion (USD 750 million) to supply its 2L gasoline turbo engines.
Hyundai WIA's Shandong subsidiary signed a contract with Chinese automaker Changfeng Motor to supply engines worth KRW 840 billion, with additional orders for parts and exhaust after-treatment components, totaling KRW 1.02 trillion.