The Rising Popularity Of Korean Auto Parts For Local And International Brands

The Evolution Method

The surging popularity of Korean auto parts has catapulted the Korean auto industry to new heights. Through the years, Korea has emerged as of the most advanced automobiles manufacturing nations in the world with respect to expertise, design, &, most importantly, performance. It boasts of several in-house brands which have made a mark, both locally & internationally.

The evolution method of Korean auto parts & the automobile industry has been promising. Korea was initially a place where auto parts were imported from Japan & the United States for assembling. The term "Korean auto parts" did not exist at all. It began in the year 1955, when the first Korea-made engine was set up in a modified US jeep & took the shape of the first official Korean automobile.

Today Korean automobile parts & locally manufactured cars are popular brand names across the globe. The "Automobile Industry Promotion Policy" has prohibited foreign players from entering & operating in the Korean markets. This has provided ample opportunity to the Korean auto industry to spread its wings, without having to compete with the international players in the domestic markets. As a result, other companies which were involved in diverse businesses have entered the automobile field in search of profits.

International Acclaim

Hyundai Pony was the first automobile to be fully developed in Korea, way back in the year 1975. It was also the first Korean automobile to be exported in the year 1976. By far, Hyundai is the most popular brand of Korean cars in the international automobile space. Today, Korea ranks fifth in terms of automobile production volumes & sixth in terms of volume of exports. The success of Korean auto parts, which have been responsible for generating world-class vehicles, is a well-established fact.

Even a country that is obsessed with quality such as Japan has shown interest in importing automotive parts from Korea. Japanese are famous for being particular about what they use in their products. The fact that they are looking to get associated with Korean counterparts is a valid certification of the quality of automobile parts manufactured in Korea.

Korean auto parts manufacturers have captured the fancies of international automobile manufacturers as well. Established auto giants like Volkswagen & General Motors have shown active interest in doing business with Korean manufacturers, for their upcoming models. This has paved the way for export fairs to be held with a handful of such prominent names that have shown the enthusiasm to get associated with auto parts manufactured in Korea.

Therefore, Korean automobile parts have emerged as suitable options for global automobile makers, which have helped them to accomplish what they aspire, in terms of quality. An automobile mechanic in Korea is inexorably striving to improve on quality as well as expertise in order to maintain the goodwill Korea-manufactured auto parts enjoy.