산업연구원

Continuing through the Kia crisis and the foreign exchange crisis, domestic production of
motor vehicles decreased significantly, and at present the automotive industry faces further
difficulties based on the management of Daewoo Motors and Samsung Motors. Meanwhile,
the automobile parts manufacturers that depended heavily on auto makers became
troubled, and the parts supply system adapted towards competitive ordering such
as "Global Sourcing" placing a strain on previous transaction relations. To overcome the
difficulties confronted by auto parts makers, export industrialization of automobile parts has
emerged as an alternative proposal.