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Topic: Business
Number of pages / Number of words: 4 / 919
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Korea is also the 13th Automobile Market in the world (1.1 Million units sold in 2004). In 2004 Korea produced 3.1 millions Sedan cars when China was producing only 2.3 millions units!

There is nowadays a global restructuring of the international automotive industry. The Korean automotive sector has been touched by a large number of mergers involving automotive industry companies and suppliers...


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The Korean automotive sector has been touched by a large number of mergers involving automotive industry companies and suppliers. Eight Original Equipment Manufacturer were doing business in Korea before the financial crisis in 1998. There are only 5 now (Hyundai, Kia, Daewoo, Ssangyong and Renault-Samsung Motor)...


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