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Korean Automotive FDI in Europe: Patterns, Motivations and Characteristics

In: Korean Automotive Foreign Direct Investment in Europe

Author

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  • Jae Hoon Hyun

Abstract

The accumulation of Korean automotive FDI in Europe is insignificant compared to other established VMs from US and Japan. However, present market involvement by means of export and the growth of the Korean automobile industry in Europe have been remarkable. The share of Korean vehicle exports to Europe rose around five times over the period between 1990 and 1997.1 As a part of its diversification and globalisation processes, the accumulated technology of the European automobile industry and the huge scale of the European motorcar markets have been attractive factors for the Korean VMs. Together with rapidly increased market share in Europe, local production has been considered to be a pending task for the Korean VMs.

Suggested Citation

  • Jae Hoon Hyun, 2003. "Korean Automotive FDI in Europe: Patterns, Motivations and Characteristics," Palgrave Macmillan Books, in: Korean Automotive Foreign Direct Investment in Europe, chapter 5, pages 87-118, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51094-4_5
    DOI: 10.1057/9780230510944_5
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    Cited by:

    1. Sardor Tadjiev & Pierre-Yves Donzé, 2020. "Daewoo Motors (1992-1999)A dragon multinational in the car industry," Discussion Papers in Economics and Business 20-15, Osaka University, Graduate School of Economics.

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