Korea's Auto Industry - Today and Tomorrow - Invest Korea

GM Daewoo Auto & Technology Company, in which the world’s largest automaker, General
Motors has invested, has been operating assembly lines in Bupyeong, Incheon, Gunsan and
Changwon, capable of manufacturing more than 1 million cars annually. GM, besides its
ongoing Powertrain (Engine & Transmission) project, and the investment in a testing track in
Incheon and diesel engine factory in Gunsan, will continuously increase its investment to
become a global auto development base, not to mention playing a leading role in Asia.
GM Daewoo s production lines
GM Daewoo s Bupyeong factory, covering an area of 990,000m to accommodate the engine
factory and R&D center, is capable of manufacturing 500,000 passenger cars annually.
GM Daewoo s Gunsan factory, built on a 1,221,000m site commenced operations in 1997,
is equipped with a test-run track and shipping yard and is designed to produce 300,000 cars
annually.
GM Daewoo s Changwon factory, built on a 660,000m site commenced operations in 1991,
and was designed to produce a combined total 240,000 units of compact cars and micro
compact cars for the first time in Korea.
SsangYong Motor Company specializing in SUV and RV vehicles, has production lines in
Pyeongtaek and engine factory in Changwon.
SsangYong s Pyeongtaek plant, built on a 1000,000m site and equipped with an R&D
center and production lines, is capable of producing 250,000 cars annually. Among the parts
manufactured in the Changwon factory are diverse engines including common rail Di engines,
diesel turbo intercooler engines and gasoline engines, and core driving gears for 4-wheel-drive
cars such as trans axle and rear axle.
Renault Samsung Motors, founded in Sept. 2000 and built on a 1,650,000m site, has a stateof-the-art
production facility capable of manufacturing 240,000 units annually. The production
lines were designed mostly for manufacturing passenger cars, but with a blueprint to
manufacture new models such as SUVs, it is considering building a next-generation gasoline
engine factory, investing KRW600 billion over three years till 2007.
Hyundai-Kia Group is the nation’s largest and worldwide car manufacturer with a rosy future
blueprint to become one of the world’s leading car manufacturers. With a stable share of the
domestic market, it has an ambitious plan to gradually expand its sales to the global market.
Hyundai’s long-term strategy aims at becoming a global top-5, making inroads into China,