The Korean auto industry has been making major movements in the global auto world and is going all out on the domination goal that the Korean industry has set for themselves. As the companies are grappling with drop In sales, the Korean carmakers have been relentlessly expanding their horizons and making huge deals that have been changing the world standards of the auto industry. The rivals are now starting to wake up and take notice as Koreans are hitting the Chinese markets where all the major action happens after European markets.
Hyundai motors of Korea have been making some huge deals and expanding all over the globe, and now it has set its eye on China. The automaker has announced that Kwang-Duk Lee will be served to President and Head of China Operations from his contemporary position as Executive Vice President and Head of Korea Business Division at Hyundai Motor Company in order to promote more business and change the approach that the company has in China. Korea, with this move, has shown that it is not backing down and will continue to target more and more markets as there is a chance for the Korean automakers to set up a foundation which they are not leaving and there have been no stones that have been unturned In this battle.
It will be exciting to understand what happens when the rivals start making a comeback, which can change the whole approach of the auto world. Let’s see what does the Korean carmaker gets in China.
Tags : korea, automobile, hyundai, business, china, motor,