Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 18.02.2020  
C(2020 ) 1055 final  
PUBLIC  VERSION  
To the notifying parties  
Subject : Case M. 9638  – HYUNDAI MOTOR GROUP / APTIV / JV  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 17 January 2020 , the European Commission received notification of a proposed 
concentration pursuant to Article 4  of the Merger  Regulation by which  Aptiv PLC 
(‘Aptiv’, Ireland)  and Hyundai Motor Company  (‘HMC’) , Kia Motors Corporation  
(‘Kia’)  and Hyundai Mobis  (‘Mobis’) , all belonging to Hyundai Motor Group 
(‘HMG’, South Korea)  acquire within the meaning of Article s 3(1)(b) and 3(4) of the 
Merger Regulation joint control  of a newly created company constituting a joint 
venture (‘JV’, US ) by way of purchase of shares in a newly created compa ny 
constituting a joint venture .3 
2. The business activities of the undertakings concerned are:  
 for Aptiv: global technology and mobility company primarily serving the 
automotive sector. Aptiv designs and manufactures vehicle components and 
safety technology solutions,  
 for HMG: an international group of companies with a diverse portfolio of 
business activities, including the manufacture and sale of all types of motor 
vehicles. HMG’s key affiliates include its auto -making arms HMC and Kia as 
well as its auto -parts making unit Mobis.  
 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 26, 27.1.2020 , p. 4. 

2  The JV will design, develop, and commercialise autonomous driving software 
technologies, services, systems, vehicle architecture and other related enabling 
offerings with respect to Society of Automotive Engineers Levels 4 and/or 5 of 
autonomous driving.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation fall s within the scope of the Merger  Regulation  and of 
paragraph 5 (a) of the Commission  Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified p rocedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Art icle 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .