Hyundai Mobis has developed its own antilock-brake system that it will begin applying to a Hyundai Motor Co. Ltd. vehicle sometime in the next few months. The move is expected to save the Korean supplier $20 million annually in royalty payments made to Robert Bosch GmbH. Up to now, Mobis has produced and supplied ABS systems under license from Bosch. The two companies have shared a technical alliance for a number of years. The new ABS system is called the Mobis Electronic Brake, which a ...

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