• Title/Summary/Keyword: automobile industry in China

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The Analysis on the Recyclability of Shenlong Automobile Company in China using SWOT Technique

  • Zhao, Wei;Jung, Heonyong
    • International Journal of Advanced Culture Technology
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    • v.10 no.3
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    • pp.146-155
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    • 2022
  • The purpose of this study is to investigate the recyclability of Shenlong in China using SWOT. The main analysis results are as follows. First, provided that the company's current capacity utilization rate is seriously insufficient, reducing staff is one among the effective ways. Second, Shenlong should open a web store to cater to young people's online shopping behavior, and further expand the brand visibility using national mainstream media and online shopping platforms like Taobao and JingDong to market Dongfeng Peugeot and Dongfeng Citroen on the whole network. Third, under the premise of maintaining the present best-selling models, Shenlong should appropriately reduce the amount of models, adjust the assembly capacity ratio of every model and every displacement in real time per the newest market trends, increase the agility of auto companies' production, and timely meet the wants of domestic consumers. Fourth, dual-brand coordination and channel integration are very necessary, and also the profitability and profitability of dealers are going to be further improved, thereby increasing sales. Fifth, target building new energy leading products of Shenlong, strive to attain the forefront of the industry within the sales of recent energy vehicles within 5 years, and gradually expand new energy vehicle products from passenger vehicles to passenger vehicles and commercial vehicles. Finally, the marketing field of Shenlong Automobile should achieve "three major changes", that is, change from a goal-driven type to a demand-driven type, cancel the bundling of outlet invoicing goals and delivery incentive tiers; start from basic capabilities, and set pragmatic and challenging goals; focus Channels, to realize following the activation of outlets, and single store sales increase.

Status and Perspectives of Korea Automotive Industry (한국 자동차 산업의 현황 및 전망)

  • 김주영
    • Journal of the Korean Professional Engineers Association
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    • v.37 no.5
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    • pp.42-46
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    • 2004
  • Automobile industry with history of more than 100 years is totally influencing all the economic environments and has very important wellbeing role in the World in every country of the world. Korean Automotive industry in production has only about 40 years but ranked remarkably 6th biggist in the world in the year of 2003. Nowadays The auto, industry has changed into buyer's market in competitively global battle fields and also is changing industry paradigm in product, sales, production, colarboration & emerging, etc. BRICs(Especially China)are rapidly emerging as main producers and customers in new big markets. Korea Auto. Industry faces crictical problems such as higher salary, furious labor union's striking lack of raw material, evasion of 3D works with studying engineering by students which are the key pending agenda that should be overcome for prosperous growth and development of achieving US20,000 GNP.

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Factors of Korea-China Product Trade According to GVC Changes: Focused on FTA

  • Kwak, Su-Young;Choi, Mun-Seong;Kim, Yong-Hwan;Lee, Do-Hyung
    • Journal of Korea Trade
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    • v.24 no.8
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    • pp.133-152
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    • 2020
  • Purpose - The purpose of this study is to analyze the determinants of commodity trade in Korea and China and to examine the implications of China's GVC shift from export to domestic market on its impact on Korea's trade. Design/methodology - This study selected 30 major trading partner countries. The dependent variable is the trade volume, and the independent variables are general economic factors such as gross domestic product (GDP), GDP per capita, distance, and FTA. Findings - The trade pattern of Korea's commodities shows that GDP has a positive relationship with trade, import, and export. Distance has a significant negative relationship with total trade, import, and export. FTA is significant for import but it is not significant for total trade and export. The trade pattern of China's commodities shows that GDP has a significant positive relationship with total trade, import, and export. Distance has a negative relationship with trade, import, and export. GDP per capita is not significant for total trade and import, but it is significant for export. FTA is significant for total trade and export, but it is not significant for import. Originality/value - Existing papers were studied mainly in certain industrial sectors such as agriculture, manufacturing, automobile industry and steel industry. This paper attempts to collects vast amounts of data about the 30 countries of Korea and China respectively and analyzes by Random Effect Model dividing the goods (0 to 9) in units of STIC (Rev. 4). The major contribution is that the decision factors affecting commodity trade can be analyzed in SITC units (0-9) to obtain analysis results that are subdivided by product group and organized by product.

Analyzing Tesla's International Business Strategies: A Closer Look at the Korean and Chinese Markets

  • Jiang-Min DING;Eon-Seong LEE
    • The Journal of Economics, Marketing and Management
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    • v.11 no.5
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    • pp.15-27
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    • 2023
  • Purpose: Taking Tesla Motors as a case study object, this research aims to summarize the management strategy of Tesla Motors through an evaluation of its business models in Korea and China then helps other new energy automobile enterprises in formulating strategic directions in a targeted manner. Research design, data and methodology: Using the case study method, this study conducts in-depth research on the business model of Tesla, a representative enterprise of the new energy automobile industry. This study mainly uses secondary data obtained from the official websites to support our research. Results: With its top-level innovative technology, distinctive marketing model, and extensive strategic model, Tesla holds the largest share of the new energy vehicle market. Local market brands such as BYD and Hyundai-Kia still have a considerable competitive advantage, and there is a need to learn from each other for further development. Conclusions: To adapt to the needs of economic transformation and environmental development, implementing business strategies related to new energy automobile enterprises is a topic worthy of study. Enterprises such as BYD and Hyundai-Kia have unique advantages in their home markets. However, as sustainable development progresses, these advantages will gradually weaken, and further measures are necessary to maintain their competitive advantage.

Productivity and Patterns of Trade: The Experience of Korea in the 1990s (생산성과 무역패턴: 1990년대의 한국경제의 경험)

  • Tcha, MoonJoong
    • KDI Journal of Economic Policy
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    • v.26 no.2
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    • pp.249-280
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    • 2004
  • This paper analyzes the industrial growth of Korea in the 1990s and its relationship with the nation's export performance. The result shows that total factor productivity (TFP) played a significant role in the growth of some industries, where in particular a sharp increase in TFP was observed in the electrics and electronics industry and the automobile industry in the late 1990s. While CEPII RCA indexes for the Korean industries such as IT industry and automobile industry significantly increased since 1998, only limited evidence was found that TFP or TFI influenced RCA. Investigating Korea's export performance in the Northeast Asian context, this paper shows that, in the 1990s, the growth of Korea's exports to Japan was led by industries that recorded relatively fast growth in total factor input (TFI). In contrast, that to China was almost equally contributed by industries that experienced relatively fast growth in TFP or TFI. This paper also investigates competition between Korea and China, and Korea and Japan in the world market. The competition between Korea and China was relatively stronger for the Korean industries to whose growth TFI made a more significant contribution. While no decisive evidence is found for the relationship between TFP growth in Korean industries and their competition against Japan in the world market, it is revealed that the competition between Korea and Japan became less intense for the Korean industries to whose growth TFI made a stronger contribution. In this regard, the paper supports the view of 'nut-cracking' that the Korean economy has lost its competitiveness in the sectors where it maintained comparative advantage, but failed to catch up more advanced countries such as Japan by gaining competitiveness in more capital or technology intensive sectors.

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Marketing Strategy of Korean Textile Industry for US market in Post Korea-Us FTA era. (한미 FTA에 대비한 미국 섬유시장 진출 전략)

  • Koh, Joong-Hyun;Kim, Joo-Nam
    • International Commerce and Information Review
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    • v.11 no.1
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    • pp.95-116
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    • 2009
  • Korea-Us FTA negotiation started in February 2006 with a view to overcoming those uncertainties in the global market and was finally concluded in April, 2007. The Agreement was officially signed between ministers two month later and it is expected to be ratified this year even though the process is most likely to be painful in both countries by the political resistances. For the new President of the United States, effective leadership will depends largely on how to encourage domestic industries such as Automobile industry and Iron and Steel industry from the financial crisis. Many trading partners of US worry about US foreign trade policy changes to protectionism that might be unequal to bear. Korea textile industry is one of the major industry in Korea as it occupies 15% of total number of manufacturers, 11% of total employment and 5% of national GDP. Korea-US FTA will provide a breakthrough for bouncing back by exploring new market. US agreed to remove all tariff and non-tariff barriers to 87% of textile items under trading. This study shows that Korean textile industry has been losing it's competitiveness as textile quota system abolished in the year 2005 and has been traced by pursuers such as China, India and Vietnam. In case of woven fabric which was a representing export item of Korea lost price competitiveness against China after 2005. This study seeks the strategy of Korea textile industry in the US market by utilizing the capacity of KOTRA offices in US. All possible statistical data obtained in the US were used for analysing the competitiveness. Fabrics and Garments are analysed independently with a view to finding out real trends of textile market in US. This study also suggest Korea's textile industry strategic ideas obtained from the potential buyers to show the way to penetrate into US market.

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Recent Technological Tendency of Laser/Arc Hybrid Welding (레이저/아크 하이브리드용접기술의 최신 동향)

  • Kim, Youngsik;Kil, Sangcheol
    • Journal of Welding and Joining
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    • v.31 no.2
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    • pp.4-15
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    • 2013
  • The laser/arc hybrid welding process is a new process combining the laser beam and the arc as welding heat source. The laser beam and arc influence and assist one another. By application of hybrid welding, synergistic effects are achievable, and disadvantage of the respective processes can be compensated. The laser-arc hybrid welding process has good potential to extend the field of applications of laser technology, and provide significant improvements in weld quality and process efficiency in manufacturing applications. This review analyses the recent advances in the fundamental understanding of hybrid welding processes using the works of the data base of Web of Science (SCI-Expanded) since the 2000 year. The research activity on the hybrid welding has been become more actively since 2006, especially in China, presenting the most research papers in the world. Since the hybrid welding process was adopted in manufacturing of the automobile in Europe in the early of 2000's, its adopting is widely expanded in the field of manufacturing of automobile, ship building, steel construction and the other various industry. The hybrid welding process is expected to advance toward higher productivity, higher precision, higher reliability through the mixing of high power and flexible fiber laser or disk laser and digitalized pulsed arc source.

Dynamometer Test for the CVT System using Spring

  • Kwon, Young-Woong;Yang, Seung-Bok
    • International journal of advanced smart convergence
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    • v.11 no.3
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    • pp.222-228
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    • 2022
  • As a means to cope with the climate change crisis caused by global warming, automobile manufacturers continue to make efforts to use the driving energy of vehicles as electricity. As a result, parts industry such as battery, motor, and controller are attracting attention. China is often seen in large cities, with electric vehicles such as electric bicycles, electric motorcycles, and small electric vehicles popularized and commercialized, mainly in large cities. However, small electric vehicles are not popular in Korea, which is why the country's topography is high in hills. In order to drive the hilly domestic roads, power performance including vehicle climbing ability should be improved. In order to improve the power performance and the climbing capacity of small electric vehicles, the capacity of the motor should be increased. However, when the performance of the motor is improved, the weight of the motor becomes heavy and the price competitiveness is likely to decrease. In addition, in order to operate a high-performance motor, the power consumption of the battery is rapidly increased, so various problems must be solved. In order to commercialize a small electric vehicle for one or two people who do not emit harmful exhaust gas to the human body in a hilly domestic terrain, it is effective to have a separate transmission system. In this study, we were conducted dynamometer test to produce a continuously variable transmission(CVT) system prototype using a spring that can be applied to a small electric vehicle and to install a CVT system prototype manufactured in a small electric vehicle. The dynamometer test results showed that the maximum speed performance, acceleration performance, and climbing performance were improved.

A study on the corporate culture of BYD

  • Shang, Xian-Fa;Choi, Myeong-Cheol
    • International Journal of Advanced Culture Technology
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    • v.8 no.1
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    • pp.135-140
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    • 2020
  • The main battlefield of 'made in China 2025' proposed by the Chinese government is the deep integration of industrialization and informatization, among which intelligent manufacturing and new energy vehicles are the key links. New energy vehicle refers to the use of unconventional automotive fuel as a power source (or use conventional automotive fuel, the use of new vehicle-mounted power plant), integrated vehicle power control and driving aspects of advanced technology, the formation of advanced technical principles, with new technology and the structure of the vehicle. BYD's success in the battery, I T and automobile industries has attracted the attention of the industry, making it a shining new star in the Chinese business community. BYD 's innovation, diversification and corporate culture construction have certain enlightenment to the development of China's small and medium-sized enterprises. Therefore, by looking at the Chinese network literature, about BYD's research mainly focused on the development strategy, corporate finance, corporate performance, and corporate marketing, etc. This paper will take BYD as the research object and focus on corporate culture. Through literature analysis and qualitative analysis, it will summarize and further analyze the unique corporate culture of BYD, its important role, and provide relevant theoretical references for the construction and development of corporate culture in other industries.

The Influence of Precipitated Phase in Al-4%Cu Alloy under High Magnetic Field

  • Jun, Jiang;Lee, Hyun-Jun;Min, Qi;Park, Won-Jo
    • Proceedings of the KSME Conference
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    • 2008.11a
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    • pp.239-243
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    • 2008
  • Nonferrous metals have a very important position in industry. At present, parts of shipbuilding, automobile, and aircraft etc. are designed and manufactured accurately, simultaneity need light-weight and high-strength. Aluminum copper alloys are one kind of typical precipitation hardening alloy which has been widely used. It is interesting to investigate transformation behavior of precipitated phase in such kind of alloys under high magnetic field. Transformation of materials under high magnetic field is many different compared with conventional condition. The author prepared the Al-4%Cu alloy.

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