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The Global Korean Motor Industry - The Hyundai Motor Company's Global Strategy (Paperback)
Loot Price: R1,518
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The Global Korean Motor Industry - The Hyundai Motor Company's Global Strategy (Paperback)
Series: Routledge Advances in Korean Studies
Expected to ship within 12 - 17 working days
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This book examines the experiences of the globalizing Korean
automobile industry, with particular focus on the Hyundai Motor
Company (HMC), one of the most prominent of the new Korean
multinational corporations. It provides an overview of the changing
nature of the global automobile industry, before considering in
depth the globalization processes that the Korean automobile
industry has undertaken. Tracing the development of HMC as it
recovered from the failure of its first venture overseas, in
Canada, and tried again in India, the authors explore the
similarities and differences between the practices which HMC
implemented in India and Korea. They highlight the importance of
production systems and employment relations as part of HMC's
growth, and argue that if Korean companies such as HMC are to
compete successfully as global automobile producers they will need
to increase the proportion of overseas production, establish global
supply chains and improve co-ordination between head office and
subsidiaries. Based upon extensive fieldwork in India and Korea,
this book is a detailed account of the globalization of the Korean
automobile industry and Hyundai Motor Company. Its findings will be
of importance to all those who seek to understand the challenges
faced by firms that attempt to become global players.
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