Domestic auto sales have remained resilient despite weakening consumer confidence, with the Korean Automotive Manufacturers Association (KAMA) announcing 1.9% year-on-year (y-o-y) growth for domestic vehicle sales in July, underpinned by new car models being released in the market. On a year-todate basis, sales have come in at 840,914 units, representing 5.0% y-o-y growth.

BMI Industry View 7

SWOT 8

Political 9

Economic 10

Business Environment 11

Industry Forecast 12

      Table: Autos Total Market - Historical Data And Forecasts, 2012-2018 16

      Table: Passenger Car Market - Historical Data And Forecasts, 2012-2018 16

      Table: Commercial Vehicle Market - Historical Data And Forecasts, 2012-2018 17

Macroeconomic Forecasts 19

Economic Analysis 19

      Developed Markets, Investment Spending To Support Growth 20

      Outlook Not All Rosy 21

      Table: Economic Activity (South Korea 2009-2018) 21

Industry Risk Reward Ratings 22

Asia - Risk/Reward Ratings 22

      Table: BMI Industry Risk/Reward Ratings - Asia-Pacific Autos 25

Competitive Landscape 26

Company Profile 33

Company Monitor 33

Hyundai Motor 36

Kia Motors 39

Ssangyong Motor 41

Renault Samsung Motors 42

Regional Overview 43

      Table: Vehicle Sales June 2014 (CBUS) 43

Global Industry Overview 49

      Table: Passenger Car Sales May 2014 (CBUs) 49

Outperformers Boost European Outlook 49

Trucks Give North America A Lift 50

India Brings Relief To BRICs 52

Demographic Forecast 54

      Table: South Korea's Population By Age Group, 1990-2020 ('000) 55

      Table: South Korea's Population By Age Group, 1990-2020 (% of total) 56

      Table: South Korea's Key Population Ratios, 1990-2020 57

      Table: South Korea's Rural And Urban Population, 1990-2020 57

Methodology 58

Industry Forecasts 58

Sector-Specific Methodology 59

Sources 59

Risk/Reward Ratings Methodology 60

      Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators 61

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