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Now the auto industry is really hot, many auto companies have begun to flourish, and China’s auto market is not as big as joint ventures. More than ten years ago, when looking at China’s auto market, it was basically German and Japanese cars, as well as domestic cars. However, due to quality and reputation issues, it has not been paid much attention, and it can only occupy a small market. share. The production and manufacture of domestic cars is also a big problem that needs to be solved. OEM/ODM manufacturing manufacture aluminum spindles
When many foreign joint venture car companies are entering the Chinese market, South Korea will not miss the opportunity to make money in China, and has also entered the Chinese car market. However, a few years ago, a South Korean car company went bankrupt because it failed to win in the fierce market struggle and had to manage poorly. However, the company actually said that its collapse was entirely because of China, why should China collapse for South Korea? Are car companies responsible?
South Korean auto companies Hyundai and Kia are considered to be the best-selling cars in my country. Even if they have been hit in recent years and their sales have declined in the past, their sales in China are still considerable, not too bad. OEM/ODM manufacturing manufacture aluminum spindles
In recent years, my country has begun to focus on the development of the automobile industry, and has begun to pay attention to the manufacture of automobiles. Many independent enterprises have received the support of national policies and have begun to develop. Corresponding Chinese automobiles have also begun to be replaced by domestic automobiles, except for German ones. Except for the relatively small changes in the market share occupied by cars and Japanese cars, other car series have more or less began to reduce their share in the Chinese auto market.
In the fierce market competition, one car company in South Korea was hit to a large extent and failed to take the lead in the market competition. But it is puzzling for the company to say that the collapse was entirely due to China. Could it be that he was eliminated from market competition because he did not know how to change, did not know innovation, and it could not be China’s fault. It could not be China’s fault because China began to promote the development of domestic cars.
This collapsed car company is South Korea’s General Motors. OEM/ODM manufacturing manufacture aluminum spindles
This company has always regarded China as the main exporter, but it did not expect that when China began to encourage the development of the auto industry, South Korea’s General Motors was hit hard, and the sales fell so badly that normal operations could not be carried out. maintain.
In the fierce market competition, American General Motors has also begun to enter the Chinese auto market, but after a comparison of the two car companies, it seems that the quality of South Korean General Motors is not as good as that of the United States, and gradually no consumers are willing to buy South Korean General Motors. company. South Korean car companies lost such a big car exporter as China, and it can be said that they fell from the altar at once, and the sales volume of South Korea could not support the huge car companies. In 2017, they closed because of the lack of capital turnover .
The editor thinks that although there are Chinese reasons for the collapse of this company, China is not the whole reason. We cannot ignore the development of domestic auto companies for the development of Korean auto companies. If we keep the auto market divided by joint ventures as before State, it is difficult for China’s domestic cars to have a better way to go. OEM/ODM manufacturing manufacture aluminum spindles
