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Korean auto producers: Asia’s next major force in Europe

Michael C. McDermott (Strathclyde International Business Unit, University of Strathclyde, Scotland, UK)

Management Decision

ISSN: 0025-1747

Article publication date: 1 September 1997

3668

Abstract

The Korean auto industry of less than ten years ago was quite different from today. Then it relied heavily on technology and one company, selling one model in one export market. Today, the market concentration strategy has been abandoned and the international business strategy is in a period of transition. Once overlooked, Europe is now a priority market. Explains why and considers the implications.

Keywords

Citation

McDermott, M.C. (1997), "Korean auto producers: Asia’s next major force in Europe", Management Decision, Vol. 35 No. 7, pp. 497-507. https://doi.org/10.1108/00251749710170448

Publisher

:

MCB UP Ltd

Copyright © 1997, MCB UP Limited

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