The Global Korean Motor Industry

The Hyundai Motor Company's Global Strategy

Russell D. Lansbury, Chung-Sok Suh, Seung-Ho Kwon

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English

Routledge
05 January 2007

Road vehicle manufacturing industry

Series: Routledge Advances in Korean Studies

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.

By: Russell D. Lansbury, Chung-Sok Suh, Seung-Ho Kwon
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm, Spine: 14mm
Weight: 360g
ISBN: 9780415413664
ISBN 10: 0415413664
Series: Routledge Advances in Korean Studies
Pages: 144
Publication Date: 05 January 2007
Audience: College/higher education , Professional and scholarly , Professional & Vocational , A / AS level , Further / Higher Education
Format: Hardback
Publisher's Status: Active

Foreword by Thomas A. Kochan 1. Introduction 2. The Global Auto Industry 3. The Korean Auto Industry Goes Global 4. Hyundai Motors as a Global Auto Company 5. Production Systems and Supplier Relations 6. The Management of Employment Relations 7. Conclusion: Global and Local? Afterword by Harry C. Katz. Endnotes. References

University of Sydney, Australia University of New South Wales, Australia

Reviews for The Global Korean Motor Industry: The Hyundai Motor Company's Global Strategy

'The Global Korean Motor Industry is a welcome and needed contribution to our understanding of the evolution of the global automobile industry in the past decade.' -Thomas A. Kochan, George M. Bunker Sloan School of Management, MIT, Cambridge, Massachusetts 'This volume by Russell Lansbury and his colleagues provides an excellent basis for discussion and a prompt for future work. Their contribution is much appreciated.' - Harry C. Katz, and Jack Sheinkman, School of Industrial and Labor Relations, Cornell University, Ithaca, New York