The automotive industry in South Korea is the fifth-largest in the world measured by automobile unit production and the sixth-largest by automobile export volume.
While its initial operations were merely the assembling of parts imported from Japan and the United States, Korea is today among the most advanced automobile-producing countries in the world. Annual domestic output first exceeded one million units in 1988. In the 1990s, the industry manufactured numerous in-house models, demonstrating not only its capabilities in terms of design, performance, and technology, but also signalling its coming of age.
Famous quotes containing the words industry and/or south:
“Your representative owes you, not his industry only, but his judgement; and he betrays instead of serving you if he sacrifices it to your opinion.”
—Edmund Burke (1729–1797)
“Even when seen from near, the olive shows
A hue of far away. Perhaps for this
The dove brought olive back, a tree which grows
Unearthly pale, which ever dims and dries,
And whose great thirst, exceeding all excess,
Teaches the South it is not paradise.”
—Richard Wilbur (b. 1921)