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Automotive Industry (2006)
Description	Automotive Industry
Description	Automotive Industry	Auto Industry	Auto Parts Industry
No. of Manufacturers	4,191	25	4,166
No. of Employees	263,867	93,272	170,595
Shipments (KRW billion)	107,150	61,119	46,031
Value added (KRW billion)	35,842	20,276	15,566
Production (KRW billion)	107,712	61,506	46,206
Export (US$ million)	49,720	37,284	12,436
Import (US$ million)	7,167	3,131	4,036
Trade Balance (US$ million)	42,553	34,153	8,400
Overseas Direct Investment (US$ million)	1,038	495	543
Foreign Investment (US$ million)	565	-	-
Facilities Investment (KRW billion)	5,858	4,074	1,784
Ratio of R&D to Sales (%)	2.17	4.51	1.18

Source:

Korea National Statistical Office (NSO);Korea International Trade Association (KITA);
Ministry of Knowledge Economy (MKE);Korea Development Bank (KDB);
The Export-Import Bank of Korea (koreaexim)

Notes: Export, trade balance and overseas direct investment are as of 2007.

Management Performance of the Auto Parts Industry

(Unit: %, KRW1,000)

Management Performance of the Auto Parts Industry
Description		2000	2001	2002	2003	2004	2005	2006
Growth	Sales growth rate	17.25	5.46	17.45	10.28	22.32	32.31	8.44
	Growth rate of total assets	4.02	1.68	13.83	15.56	18.03	18.56	6.71
	Growth rate of stockholders' equity	18.64	19.31	17.53	20.38	15.94	18.94	10.24
Profitability	Ordinary income to total assets	2.95	7.64	9.85	8.53	7.53	8.66	6.28
	Operating income to sales	3.82	5.26	6.03	5.95	5.05	4.75	4.11
	Interest expenses and net income to total assets	6.9	8.91	9.65	8.93	7.8	8.16	6.61
Stability	Stockholders' equity to total assets	37.5	41.6	46.87	43.8	38.71	39.15	40.44
	Debt ratio	166.7	140.4	113.3	128.33	158.35	155.45	147.26
	Total borrowings and bonds payable to total assets	30.26	26.68	22.46	23.94	25.35	21.84	22.45
Productivity	Gross value-added per capita	45,154	53,846	59,369	57,499	61,870	77,482	71,974
	Sales per capita	179,262	213,448	235,804	237,315	287,650	430,237	444,318
	Sales per capita	25.19	25.23	25.18	24.23	21.51	18.01	16.2

Source: KDB

Auto Parts by Item

(Unit: KRW billion)

Auto Parts by Item
Detailed Item	2004		2005		2006
Detailed Item	No. of Manu- facturers	Produc- tion	No. of Manu- facturers	Produc- tion	No. of Manu- facturers	Produc- tion
Engine Parts	687	4,849	773	4,864	839	6,084
Body Parts	563	7,638	622	8,835	702	10,438
Suspension Systems and Parts	141	1,011	131	1,082	150	1,301
Brakes and Parts	308	2,753	308	2,944	336	3,495
Power Transmission and Parts	488	5,320	495	7,002	502	7,587
Steering Systems and Parts	258	1,992	259	2,396	263	2,518
Wheels and Parts	90	944	84	1,051	84	1,182
Radiators and Parts	64	410	58	420	53	434
Exhaustion System and Parts	155	1,455	158	1,701	165	2,047
Safety Seat Belts and Parts	43	258	42	353	47	357
Air Bags and Parts	53	561	32	602	38	544

Source: NSO

Auto Makers in Korea (2006)
	Hyundai	Kia	GM Daewoo	Ssangyong	Renault Samsung
Founded	Dec. 1967	Dec. 1944	Aug. 2002	Jan. 1954	Sep. 2000
Location	Ulsan, Jeonju, Asan	Gwangmyeong, Hwasung, Gwangju	Gunsan, Changwon, Bupyong	Pyeongtaek, Changwon	Busan
No. of Employees	54,711	33,005	17,255	7,138	4,706
Type of Vehicles Produced	Passenger Cars, SUVs, CDVs, Buses, Trucks, CSVs	Passenger Cars, SUVs, CDVs, Buses, Trucks, CSVs	Passenger Cars, CDVs, Buses, Trucks	Passenger Cars, SUVs	Passenger Cars
Sales (KRW billion)	27,335	17,440	9,604	2,952	2,587
Net Income (KRW billion)	1,526	39	593	-196	221
Production (1,000 units)	1,706	1,119	943	123	178
Domestic Demand (1,000 units)	625	272	131	61	117
Export (1,000 units)	1,076	841	808	64	55
Overseas Factories	China, India, Turkey, US	China, Slovakia	Vietnam	-	-

Source: Korea Automobile Manufacturers Association (KAMA); business and audit reports of each company

Notes: Production, domestic demand, and export are as of 2007.

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