You are here


Watch GM and be afraid for S Korea's carmakers

Cars made by GM Korea bound for Incheon port, west of Seoul. Car export volumes dropped for the fifth consecutive year in 2017, with rolling 12-month units hitting their lowest level since 2010.


IT was not so long ago that South Korea's shipyards were keeping the world afloat. The slipways of Hyundai Heavy Industries Co, Daewoo Shipbuilding & Marine Engineering Co and Samsung Heavy Industries Co accounted for more than a third of the global market. Then competition...

Market voices on: