The Korean automobile industry, as also Korean automakers, has achieved unusual success, although the industry has been sandwiched between high-profile, high-priced Japan & newly emerging low-priced China.
From a humble beginning as a maker of bicycles in Korea, Kia automobiles today prides itself in being of the best automotive manufacturers in the world. It is achieved outstanding success as a maker of high-quality & affordable automobiles. Besides, Kia parts have proved their mettle as a reliable player in the aftermarket for replacement & maintenance.
Boom time is round the corner for the likes of Kia parts. 70 percent of U.S. buyers have shown their willingness to increase their purchases of South Korean time the Korean-US free trade agreement will come in to effect. The free trade agreement time ratified by the legislature of both countries will eliminate tariff barriers & give protection to multinational financial sectors & firms like Kia parts. The key reason cited by U.S. automakers is the cost competitiveness of the parts & uncompromising strict quality requirements. Under the Free Trade Agreement signed in November 2010, the United States will immediately lift all tariff barriers from South Korean auto & gradually phase out tariff on South Korean automobiles. The makers of Kia parts are upbeat, as this agreement is expected to markedly improve sales to the United States in the approaching years.
Great Prospects In The Horizon For Korean Auto Parts Industry
To understand why The united states is making a beeline to Korea, you first require to have a glance at South Korea's automotive & auto industry. The Korean auto industry today is the fifth largest in the world in terms of production & sixth largest in terms of exports volume. all makers, including Kia parts, are benefitting from this unprecedented surge in growth.
Why This Beeline to the Korean Industry?
All of us know time Korean auto products were thought about to be unreliable because they were mundane, cheap, & devoid of quality, but not anymore. Although thought about to be inferior historicallyin the past, Korea has now shrugged off that second-rate picture & has caught up with the best manufacturing standards in the world. This was a great leap forward for the Korean automobile industry. As the exports of makers like Kia automobiles surged ahead, so did the volumes of automobile parts. Not surprising, because companies like Kia parts were fast to change themselves to the changing conditions in the automobile industry. For example, Korean parts makers realized the singular advantage of being in close interaction with the automakers, which gave them a lead time of being fast in upgrading their products in terms of both quality & innovation.
What Is The Reason?
Kia now have a niche market in the United States. This confidence has been driven no less by the popularity of Rio, the most affordable four-door sedan to the well-accepted compact SUV Sportage. Besides, Kia has always ensured that safety is supremely important, right from the design to the manufacturing stage.
From a humble beginning as a maker of bicycles in Korea, Kia automobiles today prides itself in being of the best automotive manufacturers in the world. It is achieved outstanding success as a maker of high-quality & affordable automobiles. Besides, Kia parts have proved their mettle as a reliable player in the aftermarket for replacement & maintenance.
Boom time is round the corner for the likes of Kia parts. 70 percent of U.S. buyers have shown their willingness to increase their purchases of South Korean time the Korean-US free trade agreement will come in to effect. The free trade agreement time ratified by the legislature of both countries will eliminate tariff barriers & give protection to multinational financial sectors & firms like Kia parts. The key reason cited by U.S. automakers is the cost competitiveness of the parts & uncompromising strict quality requirements. Under the Free Trade Agreement signed in November 2010, the United States will immediately lift all tariff barriers from South Korean auto & gradually phase out tariff on South Korean automobiles. The makers of Kia parts are upbeat, as this agreement is expected to markedly improve sales to the United States in the approaching years.
Great Prospects In The Horizon For Korean Auto Parts Industry
To understand why The united states is making a beeline to Korea, you first require to have a glance at South Korea's automotive & auto industry. The Korean auto industry today is the fifth largest in the world in terms of production & sixth largest in terms of exports volume. all makers, including Kia parts, are benefitting from this unprecedented surge in growth.
Why This Beeline to the Korean Industry?
All of us know time Korean auto products were thought about to be unreliable because they were mundane, cheap, & devoid of quality, but not anymore. Although thought about to be inferior historicallyin the past, Korea has now shrugged off that second-rate picture & has caught up with the best manufacturing standards in the world. This was a great leap forward for the Korean automobile industry. As the exports of makers like Kia automobiles surged ahead, so did the volumes of automobile parts. Not surprising, because companies like Kia parts were fast to change themselves to the changing conditions in the automobile industry. For example, Korean parts makers realized the singular advantage of being in close interaction with the automakers, which gave them a lead time of being fast in upgrading their products in terms of both quality & innovation.
What Is The Reason?
Kia now have a niche market in the United States. This confidence has been driven no less by the popularity of Rio, the most affordable four-door sedan to the well-accepted compact SUV Sportage. Besides, Kia has always ensured that safety is supremely important, right from the design to the manufacturing stage.
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