The Korean Automotive Industry, Volume 1
The Korean Automotive Industry, Volume 1

Author: A. J. Jacobs

Publisher: Springer Nature

Published: 2021-12-10

Total Pages: 418

ISBN-13: 3030863476

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In 1962, South Korea assembled just 1,100 new automobiles. By 1996, this total had soared to 2,812,714. What explains this remarkable growth? The answer is complex, and involves a combination of a supportive State, timely technology alliances, a skilled but historically low-paid workforce, aggressive pricing, savvy entrepreneurs, and fortuitous circumstances. Despite this amazing ascent, comparatively little has been written about the Korean auto industry in English. In the first of a two-volume set, this 11-chapter book seeks to help fill this void by providing in-depth examinations of all six of Korea’s automakers from their beginnings through 1996. Uniquely written from the perspective of industry analysts at the time (without knowledge of the Asian Fiscal Crisis), the book should prove informative to practitioners, scholars, and students interested in automotive history, international political economy, Asian studies, and more.

Buckle Down: How I Invented South Korea's First Automobile Engine
Buckle Down: How I Invented South Korea's First Automobile Engine

Author: Dr Lee

Publisher: Harriett Press

Published: 2020-06-23

Total Pages: 192

ISBN-13: 9789811449512

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Buckle Down recounts the full history of how Dr Hyun-Soon Lee, a young and inexperienced South Korean engineer, left an enviable job at General Motors in the United States and moved to Hyundai Motors in South Korea to take up the daunting challenge of inventing South Korea's very first automobile engine in the 1980s. Dr Lee's heartfelt stories of dejection and tenacity, which have remained untold until now, will help young adults seeking purpose in their lives to awaken to the value of an authentic life, and will inspire engineering students and professionals to embrace life's seemingly insurmountable challenges.

Korean Automotive Foreign Direct Investment in Europe
Korean Automotive Foreign Direct Investment in Europe

Author: J. Hyun

Publisher: Springer

Published: 2003-08-14

Total Pages: 255

ISBN-13: 0230510949

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This book examines Foreign Direct Investment of major Korean automotive companies in Europe, with particular reference to how economic integration has affected the motivations and patterns of FDI and industrial location. The book is a valuable source of information on FDI, the automobile industry in Europe and South Korea and business decision-making process in general.

The Global Automotive Industry
The Global Automotive Industry

Author: Paul Nieuwenhuis

Publisher: John Wiley & Sons

Published: 2015-10-12

Total Pages: 256

ISBN-13: 111880239X

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The automotive industry is still one of the world's largest manufacturing sectors, but it suffers from being very technology-focused as well as being relatively short-term focused. There is little emphasis within the industry and its consultancy and analyst supply network on the broader social and economic impacts of automobility and of the sector that provides it. The Global Automotive Industry addresses this need and is a first port of call for any academic, official or consultant wanting an overview of the state of the industry. An international team of specialist researchers, both from academia and business, review and analyse the key issues that make vehicle manufacturing still the world’s premier manufacturing sector, closely tied in with the fortunes of both established and newly emerging economies. In doing so, it covers issues related to manufacturing, both established practices as well as new developments; issues relating to distribution, marketing and retail, vehicle technologies and regulatory trends; and, crucially, labour practices and the people who build cars. In all this it explains both how the current situation arose and also likely future trajectories both in terms of social and regulatory trends, as the technological, marketing and labour practice responses to those, leading in many cases to the development of new business models. Key features Provides a global overview of the automotive industry, covering its current state and considering future challenges Contains contributions from international specialists in the automotive sector Presents current research and sets this in an historical and broader industry context Covers threats to the industry, including globalization, economic and environmental sustainability The Global Automotive Industry is a must-have reference for researchers and practitioners in the automotive industry and is an excellent source of information for business schools, governments, and graduate and undergraduate students in automotive engineering.

The Global Korean Motor Industry
The Global Korean Motor Industry

Author: Russell D. Lansbury

Publisher: Routledge

Published: 2007-01-24

Total Pages: 145

ISBN-13: 1134124015

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Based upon extensive fieldwork in India and Korea, this book is a detailed account of the globalization of the Korean automobile industry and Hyundai Motor Company, one of the most prominent of the new Korean multinational corporations.

New Frontiers of the Automobile Industry
New Frontiers of the Automobile Industry

Author: Alex Covarrubias V.

Publisher: Springer Nature

Published: 2019-11-28

Total Pages: 516

ISBN-13: 3030188817

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Analysing developments in digital technologies and institutional changes, this book provides an overview of the current frenetic state of transformation within the global automobile industry. An ongoing transition brought about by the relocation of marketing, design and production centres to emerging economies, and experimentation with new mobility systems such as electrical, autonomous vehicles, this process poses the question as to how original equipment manufacturers (OEMs) and newcomers can remain competitive and ensure sustainability. With contributions from specialists in the automobile sector, this collection examines the shifts in power and geographical location occurring in the industry, and outlines the key role that public policy has in generating innovation in entrepreneurial states. Offering useful insights into the challenges facing emerging economies in their attempts to grow within the automobile industry, this book will provide valuable reading for those researching internationalization and emerging markets, business strategy and more specifically, the automotive industry.

The Korean Automotive Industry, Volume 2
The Korean Automotive Industry, Volume 2

Author: A.J. Jacobs

Publisher: Springer Nature

Published: 2023-09-25

Total Pages: 567

ISBN-13: 3031364538

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This volume chronicles the maturation of the South Korean auto industry and its native automakers, from the 1997 Asian Crisis to 2019. After examining the context for domestic vehicle production in South Korea, the author presents multiple case studies for all five Korean automakers: General Motors Korea/Daewoo Motors, Kia, Hyundai, Ssangyong and Renault Samsung. This includes coverage of Hyundai-Kia’s foreign plants in North America, Europe, India, China, and Emerging Asia. The book closes by assessing the five-to-ten-year future outlooks for Korean automakers at home and abroad. This important work will prove informative to scholars of business, management, automotive history, international development, Asian studies, and public administration.

Made in Korea
Made in Korea

Author: Richard M. Steers

Publisher: Routledge

Published: 2013-08-21

Total Pages: 333

ISBN-13: 1136600388

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American business folklore is awash with the adventures of successful entrepreneurs. Still, most of these stories are about Americans, neglecting important and courageous entrepreneurs from other countries. Made in Korea recounts the story of how Chung Ju Yung rose from poverty to build one of the world's largest and most successful building empires - Hyundai - through a combination of creative thinking, tenacity, timing, political skills, and a business strategy that few competitors ever understood. Chung entered the shipbuilding business with no experience and went on to create the world's largest shipyard. He began making automobiles when foreign experts unanimously predicted he would fail, and he started a global construction company that has built some of today's greatest architectural wonders. He even convinced the International Olympic Committee to select South Korea over Japan as the site for the highly successful 1988 Olympics. Unlike most CEO's of major firms, Chung has always preferred the company of his workers to that of the global executive elite. Hard work, creativity and a capacity to never give up - this is the essence of Chung's life. In each of his ventures, he exhibited a sheer determination to succeed, regardless of the obstacles, and he worked tirelessly to instil this drive in all of his employees. Even today, in the midst of Korea's worst economic crisis in over four decades, Chung's company is busy implementing plans to emerge as an even stronger contender in the world economy. Illustrated with 32 pages of colour photographs not previously seen in the West, including photos of Chung's recent historic visit to North Korea in 1998, Made in Korea takes stock of Chung's entire life, highlighting both his contributions to society and the lessons his work can teach to aspiring entrepreneurs.