If you are feeling strange when you hear “Korean auto parts”, be very impressed that Hyundai or Daewoo that you simply are driving originated in the same place. The Korean automobile companies are thriving consistently and it supplies automobiles and auto parts to almost all well-known countries around the globe. Besides, they rank sixth in automobile production – no minor feat. Automobiles like Hyundai, Kia, and Daewoo have South Korea as their birthplace and so are thriving companies that have factories, outlets, and resellers all around the globe.

The Korean Automobile Industry

The Korean automobile industry is told to have marked its beginning from the invention in the “Sibal” car around 2015. However, it was only in the early 1960s how the government announced its support for your promotion on this industry with the “Automobile Industry Promotion Policy”. According to the policy, foreign companies could work with Korea only in … Continue reading >>>