Hyundai Mobis Books $9.2 Billion in 2025 Orders From Global Automakers

Hyundai Mobis said Monday it secured roughly $9.17 billion in orders from global automakers in 2025, underscoring the auto parts maker's push to expand business beyond its parent, Hyundai Motor Group.

The tally is notable because it excludes orders from the group's two vehicle brands, Hyundai Motor and Kia. Instead, it reflects the company's growing non-captive business — sales to outside customers — which executives see as central to long-term diversification.

The South Korean supplier said two major carmakers in North America and Europe accounted for a significant share of last year's total. Under those deals, Hyundai Mobis will provide core electrification components including battery system assemblies and chassis modules. The company declined to name the clients or disclose further terms.

The results stand out at a time when several global automakers are scaling back or delaying vehicle launches amid a prolonged slowdown in electric vehicle demand. Hyundai Mobis said aggressive expansion into markets such as China and India also helped lift sales.

For 2026, the company set a global order target of about $11.84 billion, up roughly 30 percent from last year. It expects steady demand for core components alongside potential large-scale module contracts, backed by region-specific strategies and closer ties with major clients.

Hyundai Mobis noted that large components often require joint investment in production and logistics, leading to supply agreements that can last two decades or longer. The firm has supplied chassis modules to Chrysler since 2005, a partnership spanning more than 20 years. It also reported growth in electronic components, winning orders for next-generation human-machine interface products from a North American automaker and agreeing to expand sound system supplies to a sedan-focused brand.

"While uncertainty in the external business environment is expected to persist this year, we plan to step up our order acquisition efforts," said Cho Jae-mok, head of global sales at Hyundai Mobis.