South Korea Autos Q1 2021

South Korea Autos Q1 2021

Key View:

The RCEP will be signed among ministers from the 15 participants – 10 countries in ASEAN, China, South Korea, Japan,Australia, and New Zealand. Under the trade deal, South Korea lowered trade barriers for its primary export items such as autos andsteel in ASEAN market. Trucks and passenger cars are currently subject to over 40% and 30% tariffs in the ASEAN market but thetrade pact will allow the rates to be reduced gradually to zero. This improves the growth prospects of South Korea's autosproduction industry as it will have easier access to a wider market.


Key View
SWOT
Autos SWOT
Industry Forecast
Industry Forecast Scenario
Passenger Vehicles
Commercial Vehicles
Electric Vehicles
Industry Risk/Reward Index
Asia Autos Production: Strong Growth Outlook Helps India And Thailand Climb The Ranks
Asia Autos Sales: South Korea Displaces Japan As Most Attractive Vehicle Sales Market In Region
South Korea Autos Production Risk/Reward Index
South Korea Autos Sales Risk/Reward Index
Company Profile
Hyundai Motors
Kia Motors
Renault Samsung Motors
SsangYong Motor
Regional Overview
Autos Investment Round-Up: Government-Driven Policies Are Attracting Investment Into Asia
South Korea Demographic Outlook
Autos Methodology

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