- Nov 20 2014
Korea Local Production in Automotive Parts Industry
About this product:
In 2003, Korea manufactured 3.2 million units of automotive vehicles which accounted for 5.5% of the global automotive production volume, while ranked 6th largest following the U.S., Japan, Germany, China and France. The production volume is forecast to reach 3.4 million in 2004, up 7%, mostly stimulated by recovering domestic demand and aggressive export plan of Korean automotive OEMs.