Korean Auto Industry

The Korean Auto Industry refers to the sector in South Korea involved in the design, manufacturing, and marketing of motor vehicles. It encompasses a range of activities including the production of cars, trucks, and auto parts by both domestic and international companies operating in South Korea. The industry is dominated by major manufacturers such as Hyundai, Kia, and Genesis, which are known for their innovations in automotive technology, design, and production processes. The Korean Auto Industry is recognized for its competitiveness globally, driven by advancements in electric vehicles, sustainability initiatives, and high standards of quality. It plays a significant role in the South Korean economy, contributing to employment, technology development, and international trade.