Cars
Until recently, South Korea had a taxing policy that made importing cars nigh impossible. It was a means to protect its homegrown automakers, of course, i.e. Hyundai and Kia, from foreign competition. Now, though, it has opened its doors to foreigners, which is fair, as the Koreans face no such restrictions in regions such as North America, Europe or Asia.
- Toyota To Export U.s.-made Camry Sedans To South Korea
Now here's something that you don't often hear about: a Japanese product made in the USA and exported to South Korea. We're talking about the new generation of the Camry and Toyota's decision to export the U.S.-assembled sedan to its...
- Toyota To Export U.s.-built Sienna Minivan To South Korea
For a variety of reasons, most of which have to do with a number of different taxes and tariffs on imports, South Korea is dominated by local makers such as Hyundai and Kia, but recently, foreign companies have made attempts to slowly penetrate the country's...
- Toyota May Shift Korean-bound 2012 Camry Production From Japan To The U.s.
While the Lexus brand has been active in South Korea since 2001, the Toyota brand made its debut in the market only just last year. During 2010, the Japanese company sold some 4,200 Camry sedans, making it one of the best-selling foreign cars in the...
- Subaru To Start Selling Cars In South Korea
Even though Kia and Hyundai are present in most countries around the world, you'll be surprised of the number of automakers that are absent from the South Korean market for one reason (import taxes) or another (legislation). Subaru is one of them,...
- Hyundai Usa Market Share Growth 1999 - 2010
You already know Korea's autombile manufacturing industry is stronger than ever. You heard that the 2011 Hyundai Sonata was one of America's best-selling cars in 2010. You recently read about the Hyundai Genesis becoming America's 17th most-popular...
Cars
Hyundai in Shock as Toyota Camry Wins 2013 "Korea Car of the Year" Award
Until recently, South Korea had a taxing policy that made importing cars nigh impossible. It was a means to protect its homegrown automakers, of course, i.e. Hyundai and Kia, from foreign competition. Now, though, it has opened its doors to foreigners, which is fair, as the Koreans face no such restrictions in regions such as North America, Europe or Asia.
Toyota, for one, only entered the South Korean market in 2010. In 2011, it managed to shift 5,020 vehicles. Last year, it more than doubled that number, to 10,795 and, despite the strong competition from German rivals, increased its market share from 4.78 to 8.25 percent.
Read more »- Toyota To Export U.s.-made Camry Sedans To South Korea
Now here's something that you don't often hear about: a Japanese product made in the USA and exported to South Korea. We're talking about the new generation of the Camry and Toyota's decision to export the U.S.-assembled sedan to its...
- Toyota To Export U.s.-built Sienna Minivan To South Korea
For a variety of reasons, most of which have to do with a number of different taxes and tariffs on imports, South Korea is dominated by local makers such as Hyundai and Kia, but recently, foreign companies have made attempts to slowly penetrate the country's...
- Toyota May Shift Korean-bound 2012 Camry Production From Japan To The U.s.
While the Lexus brand has been active in South Korea since 2001, the Toyota brand made its debut in the market only just last year. During 2010, the Japanese company sold some 4,200 Camry sedans, making it one of the best-selling foreign cars in the...
- Subaru To Start Selling Cars In South Korea
Even though Kia and Hyundai are present in most countries around the world, you'll be surprised of the number of automakers that are absent from the South Korean market for one reason (import taxes) or another (legislation). Subaru is one of them,...
- Hyundai Usa Market Share Growth 1999 - 2010
You already know Korea's autombile manufacturing industry is stronger than ever. You heard that the 2011 Hyundai Sonata was one of America's best-selling cars in 2010. You recently read about the Hyundai Genesis becoming America's 17th most-popular...