Page 781 - B2B all year round_UPDATE 5
P. 781
2. Potential Nut-cracker Situation in Auto Industry
Domestic car production in the 1 st Automotive Industry Revenue (Mckinsey)
half of 2018: 2,004,744 units, down
7.3% from the year earlier U$6.7 tril.
2015 2030
➢ Korean domestic car production
sharply decreased and fell under
4 mil. units in 2019, which was
the minimum to sustain its auto
industry’s ecosystem. ➢Although the number of car to be sold would
decrease,
➢ Sluggish domestic car production ➢the automotive industry is expected to grow
may incur a domino effect to from U$3.5 tril. in 2015 to $6.7 tril. in 2030
due to the new mobility services such as
parts industry’s bankruptcy. autonomous vehicle, car sharing service, etc.
BUSINESS CONFIDENTIAL 3
