Ove v rv r ie i w w o f K o K rean a A u A tomo m bilie I n I dust s r t y

Transcription

1 Overview of Korean Automobile Industry

2 1. The Status of Korean Automobile Industry 2. The Status of Korean Auto Parts Industry

3 Introduction of KAMA Korea Automobile Manufacturers Association (KAMA) : Established in 1988 Non-profit organization Representing the interests of auto makers in Korea. KAMA s major roles : - Representing the interests of Korean automakers - Providing constructive solutions to public policies related to environment, vehicle safety-issues and consumer satisfaction. - Supporting international cooperation. - Leading public opinion on the automotive industry. - Producing auto-related statistics and information. - Organizing Seoul Motor Show biennially since

4 KAMA Members (Year 2016) Employment (persons in 2015) Production (thousand units) Domestic Sales (thousand units) Exports (thousand units) Overseas Production (thousand units) 66,404 34,121 16,236 4,773 4,220 1,680 1, , ,186 1,

5 Chapter 1. The Status of Korean Auto Industry

6 Auto Plants in Korea (2016) Total 4.7 million (UNITS) 330, , , , , , ,000-1,430, ,000-5, , , , , ,000 10,000 6

7 Transplants(2016) Offshore production capacity of Korean car makers Czech Nosovice 330,000 Slovakia Zilina 300,000 Russia St. Petersburg China Sichuan China Beijing China Yancheng 155,000 1,050, ,000 USA Alabama 370,000 USA Georgia 340, ,000 Mexico Nuevo Leon 4.9 million units in total Turkey Izmit 200,000 India Chennai Vietnam Hanoi 650,000 11,000 Brazil Piracicaba Timeline of overseas plants in operation 1996 Vietnam 1997 Turkey 1998 India 2002 China 2005 USA 300, Slovakia 2008 Czech 2009 USA 2010 Russia 180, Brazil 2014 China 2016 Mexico 7

8 Evolution of Korean Auto Industry (Thousand Units) Production Domestic Sales 8

9 Production & Sales of Korean auto industry (Thousand Units) Production Domestic Sales Imports Exports Transplant Production 14 4,524 1, ,556 1, ,229 1, (13.2%) 284 (15.5%) 265 (14.5%) 3,061 4,414 2,974 4,411 2,622 4,653 17F 4,170 1, ,640 4,300 9

10 Production & Sales by Maker 1) Production 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 4,562 4,521 4,525 4, ,586 1,599 1,712 1,718 (Thousand Units) 4, ,557 1, ,905 1,852 1,876 1,858 1, Hyundai Kia GM KOREA Ssangyong RenaultSamsung Others * Others include Tata Daewoo, Daewoo Bus 10

11 Production & Sales by Maker 2) Domestic Sales 2,000 1,800 1,600 1,532 1, , , , , (Thousand Units) 1,834 1, Hyundai Kia GM KOREA Ssangyong RenaultSamsung Import Others Total 11

12 Production & Sales by Maker 3) Export (Thousand Units) 3,500 3,000 2,500 2,000 1,500 3,171 3,089 3, ,102 1,132 1,227 2, ,157 2, , ,242 1,173 1,195 1,156 1, Hyundai Kia GM KOREA Ssangyong RenaultSamsung Others Total 12

13 Domestic Passenger Car sales by Type & Segment (%) TYPE SEGMENT 100% 90% 80% 70% % 90% 80% 70% % 50% 60% 50% % 30% 20% % 30% 20% % 0% % 0% Sedan SUV CDV MINI SMALL MEDIUM LARGE *Mini: below 1.0L, Small: L, Medium: L, Large: above 2.0L) 13

14 Domestic Passenger Car sales by Fuel type (%) 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Gasoline Diesel LPG CNG HEV EV Others 14

15 Major Issues of Korean Auto Industry Environmental Issues Environment regulations strengthening amid global warming, shortage of fossil fuels, and worsening air pollution. Developing eco-cars are necessary for higher competitiveness and survival 1) Eco-Cars(HEV, EV, FCEV) : Government-led supporting plans to boost Eco-car sales - Tax incentives*and subsidy scheme allowed for Eco-car purchases * Tax cuts are provided for Individual excise tax and acquisition tax ** Amount of tax cuts and subsidy varies among Eco-car types and regions 2) Vehicle Emissions regulations : Strengthening regulations for exhaust emissions and CO2 regulations - Diesel cars: WLTP to be fully implemented in CO2: Average CO2 emissions target for new PC to reach 97g/km in

16 Major Issues of Korean Auto Industry Eco car sales trend in Korea Eco-car sales marked all-time high in 2016 due to sales increase in HEV and EV. - More choices of HEV and EV models released in market led to boost in sales of eco car as a whole (units) Total 19,652 37,120 29,674 35,831 41,959 67,387 HEV 19,371 36,603 29,060 34,516 39,014 62,210 EV ,315 2,945 5,177 * Newly registered vehicles(domestic and imported cars) 16

17 Major Issues of Korean Auto Industry Technological Issue(Autonomous Vehicles) Announcement of government support programs for Autonomous vehicle( 15) - Preparing for regulatory environment and infrastructure for commercialization of selfdriving cars - Fostering parts suppliers with core technologies in driverless car sector Hyundai presenting its automation level 4 IONIQ at CES 2017 LiDAR (3) Camera Array(3) GPS Antenna Blind Spot Sensors (Radar) Smart Cruise Control Radar 17

18 Chapter 2. The Status of Korean Auto Parts Industry

19 Suppliers in Korea Number of Tier 1 Suppliers Year Large Medium/Small* Total * Either the number of employees under 300 or capital asset below 8 billion won. Number of Suppliers by Auto Maker Year Hyundai Kia GM Korea Ssangyong Renault Samsung Total

20 Global OEM Parts Suppliers (2016) Rank Company Country 2016 Turnover (OEM only) 2015 Turnover (OEM only) 2015 Rank 1 BOSCH Germany 46,500 44, ZF Germany 38,465 29, MAGNA Canada 36,445 32, DENSO Japan 36,184 36, CONTINENTAL Germany 32,680 31, AISIN Japan 31,389 25, HYUNDAI MOBIS (Unit : Million US$) Korea 27,207 26, FAURECIA France 20,700 22, LEAR CORP U.S.A. 18,558 18, VALEO SA France 17,384 15, HYUNDAI WIA Korea 7,043 7, MANDO Korea 5,057 5, HYUNDAI POWERTECH HANON SYSTEMS HYUNDAI DYMOS Source : Automotive News Korea 4,920 4, Korea 4,915 4,912 - Korea 3,958 3,

21 Specialized & Non-Specialized Auto Parts Company (2016) (Units) Specialized Company *Non-Specialized Company Total No. of Companies No. of Employees Medium & Small % , , ,146 Remarks) Non-specialized companies include companies for electronics, batteries, tires, textiles, chemicals and so on. 21

22 Sales Volume (2016) OEM OEM 61.5% 65.7% Export Export 34.2% 29.7% Aftermarket A/S 4.6% 4.3% 0 200, , , ,000 (Unit : Billion Korean Won) OEM Export Aftermarket Total ,678 25,951 3,268 75,897 22

23 The Amount of Supply & Domestic Turnover of Auto Makers (2016) (Unit : Billion Korean Won) Car Makers Domestic Turnover of Car Makers (A) Amount of Supply (B) B / A (%) Hyundai 41,714 20, Kia 31,642 16, GM Korea 12,234 5, Renault-Samsung 6,248 2, Ssangyong 3,626 1, Tata Daewoo 1, Zyle Daewoo Bus 434(e) Total 96,930 46,

24 Export & Import (Unit : Million US$) 24

25 Top 10 Countries by Export (2016) Auto-Parts Export Volume (Unit : Million US$) Rank Country U.S.A. China Mexico Slovakia India Czech Japan Russia Brazil Vietnam Export 6,751 5,673 1,684 1,

26 Number of Korean Auto-parts Plants in Overseas (2016) (Units) Poland (17) Slovakia (20) Russia (14) U.S.A. (89) Czech (13) Turkey (10) China (289) Mexico (34) India (57) Brazil (14) Others (68) As of 2016, total 625 factories are operating in overseas (KAICA members only). - Each supplier has average 3.7 plants. 26

27 Korea s Free Trade Agreements EU EFTA TURKEY GCC KOREA-CHINA-JAPAN CHINA JAPAN INDIA VIETNAM RCEP SINGAPORE ASEAN INDONESIA AUSTRALIA CANADA US MEXICO COLOMBIA PERU CHILE FTAs in Effect (15) Korea-Chile FTA Korea-Singapore FTA Korea-EFTA FTA Korea-ASEAN FTA Korea-India CEPA Korea-EU FTA Korea-Peru FTA Korea-US FTA Korea-Turkey FTA Korea-Australia FTA Korea-Canada FTA Korea-China FTA Korea-New Zealand FTA Korea-Vietnam FTA Korea-Colombia FTA FTAs Concluded (1) Korea-Central America FTA FTAs under Negotiation (4) Korea-China-Japan FTA RCEP Korea-Ecuador FTA Korea-Israel FTA FTAs Pending (4) Korea-Mexico FTA Korea-GCC FTA Korea-MERCOSUR FTA Korea-EAEU FTA 27

28 Useful websites NAME websites Finished Automobile KAMA Auto Parts KAICA Imported Vehicle KAIDA AutomotiveTechnology (Research) KATECH Business Information Invest Korea

29 Danke schön!!!