Just two weeks ago we announced a new Civil Works contract in Mexico for 1.1 million; this week, Carbures Mobility continues consolidating its position in the Mexican market with the signing of two new automotive technology contracts of a total of 4.3 million of euros. The customers are two important Tier 1 that operate in the NAFTA zone, where they manufacture thousands of parts for the main car brands.
The first of the agreements, which has a value of 1.6 million euros, is the result of the trust placed by this Tier 1 customer in Carbures Mobility, in its division of Machinery, of technology for the automotive sector. This new assignment consists of the development of the project for the design and manufacture of a production line and testing of electric power steering. A product that, although already used in light passenger vehicles, will be a new milestone in the heavy vehicle market. [...]