The Korean Automotive Industry Volume 1
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| Author | : A. J. Jacobs |
| Publisher | : Springer Nature |
| Total Pages | : 418 |
| Release | : 2021-12-10 |
| Genre | : Business & Economics |
| ISBN | : 3030863476 |
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.
| Author | : A.J. Jacobs |
| Publisher | : Springer Nature |
| Total Pages | : 567 |
| Release | : 2023-09-25 |
| Genre | : Business & Economics |
| ISBN | : 3031364538 |
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.
| Author | : Paul Nieuwenhuis |
| Publisher | : John Wiley & Sons |
| Total Pages | : 256 |
| Release | : 2015-10-12 |
| Genre | : Technology & Engineering |
| ISBN | : 111880239X |
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.
| Author | : Greig Mordue |
| Publisher | : University of Toronto Press |
| Total Pages | : 378 |
| Release | : 2024-10-01 |
| Genre | : Transportation |
| ISBN | : 148752739X |
The auto sector is North America’s most iconic of industries. Since the North American Free Trade Agreement came into existence in 1994, the sector has undergone tremendous change: escalating concerns around climate change, advances in electric and automated vehicles, deindustrialization/reindustrialization, and the rise of low-cost locations as hubs for manufacturing. The North American Auto Industry since NAFTA examines the issues that have preoccupied the development of policy associated with the manufacture of automobiles in North America. The collection addresses the punctuations that have afflicted the industry since NAFTA’s implementation as well as the slower, incremental evolutions that have also occurred. Several aspects of automobility and the industry are explored, including but not limited to the Canadian, American, and Mexican automotive sectors and their evolution and interaction under evolving trade regimes. The book analyses issues surrounding labour, technology, trade policy, regional development, the environment, and broader societal impacts of the automobile. It also draws on the expertise of a wide cross-section of industry experts and scholars to provide readers with a deeper understanding of the automotive industry and its central role in North America’s economic, business, and political landscape.
| Author | : Richard M. Steers |
| Publisher | : Routledge |
| Total Pages | : 333 |
| Release | : 2013-08-21 |
| Genre | : Business & Economics |
| ISBN | : 1136600388 |
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.
| Author | : Bruno Jetin |
| Publisher | : Springer |
| Total Pages | : 312 |
| Release | : 2015-06-16 |
| Genre | : Business & Economics |
| ISBN | : 1137516143 |
Global Automobile Demand is a two-volume work analysing the impact of the Great Recession and the structural factors which shape automobile demand in developed and emerging countries. The first volume of Global Automobile Demand examines the automobile demand in mature economies: the USA, the UK, France, Germany, Spain, Japan and Korea.
| Author | : Frank Ahrens |
| Publisher | : HarperCollins |
| Total Pages | : 229 |
| Release | : 2016-08-16 |
| Genre | : Biography & Autobiography |
| ISBN | : 0062405268 |
Recounting his three years in Korea, the highest-ranking non-Korean executive at Hyundai sheds light on a business culture very few Western journalists ever experience, in this revealing, moving, and hilarious memoir. When Frank Ahrens, a middle-aged bachelor and eighteen-year veteran at the Washington Post, fell in love with a diplomat, his life changed dramatically. Following his new bride to her first appointment in Seoul, South Korea, Frank traded the newsroom for a corporate suite, becoming director of global communications at Hyundai Motors. In a land whose population is 97 percent Korean, he was one of fewer than ten non-Koreans at a company headquarters of thousands of employees. For the next three years, Frank traveled to auto shows and press conferences around the world, pitching Hyundai to former colleagues while trying to navigate cultural differences at home and at work. While his appreciation for absurdity enabled him to laugh his way through many awkward encounters, his job began to take a toll on his marriage and family. Eventually he became a vice president—the highest-ranking non-Korean at Hyundai headquarters. Filled with unique insights and told in his engaging, humorous voice, Seoul Man sheds light on a culture few Westerners know, and is a delightfully funny and heartwarming adventure for anyone who has ever felt like a fish out of water—all of us.
| Author | : |
| Publisher | : |
| Total Pages | : 158 |
| Release | : 1998 |
| Genre | : |
| ISBN | : |
| Author | : Keunsoo Kim |
| Publisher | : World Scientific |
| Total Pages | : 293 |
| Release | : 2018-05-21 |
| Genre | : Business & Economics |
| ISBN | : 9813236779 |
The Korean stock market, ranked 11th in the world in terms of market capitalization of stocks in 2017, is a globalized market. Foreign investors hold close to one-third of stocks listed on the Korea Exchange (KRX) as of May 2017 (in terms of market capitalization). The US and the UK alone account for almost 50% of foreign ownership in the KRX.Research or information on the Korean stock market, however, is not well known to the domestic or the global investment communities. There are minimal investment studies that deal with practical issues from the perspective of investment analysts. This volume bridges the academic and investment communities by providing analyses of the Korean stock market that contain practical values.This book comprehensively analyzes anomalies in the Korean stock market, including time series anomalies such as the January effect, cross-sectional anomalies such as the size effect and book-to-market effect, and anomalies related to corporate events. The authors also investigate sales revenue, profitability, valuation (M/B ratio), and the financial risk of listed companies in the Korean stock market at both the sectoral level and industrial level.As the study uses a comprehensive data set and long-term sample period, readers can benefit from consistent and comparable empirical results.
| Author | : Jooyeon Jeong |
| Publisher | : Routledge |
| Total Pages | : 190 |
| Release | : 2006-11-22 |
| Genre | : Business & Economics |
| ISBN | : 113422656X |
A key factor in Korea's economic success is the nature of industrial relations in Korean business and industry. Joo-Yeon Jeong presents a comprehensive survey of the current state of industrial relations in Korea. He shows how union membership has changed over recent decades, and how the focus of bargaining has widened from purely financial considerations to include a much wider range of issues including, principally, issues related to job security. In addition, the book considers the role of government in shaping the legal and institutional environment, and of employers, who have taken a more aggressive role towards unions since the mid-1990s.
