General Motors competes with players like Toyota, Honda, Ford, Daimler, Volkswagen and Hyundai.
He has tied up with Korean giants Daewoo to make color TVs and Hyundai for escalators.
Which would leave Chung Mong Koo and Hyundai to sink or swim on their own.
Toyota is now producing Camrys there and will soon be joined by Nissan, Suzuki and Hyundai.
Growth is slowing already, and Hyundai is entering its second year with no new or redesigned models.
But it was outsold by the Toyota Corolla, Honda Civic, Chevy Cruze and Hyundai Elantra in 2011.
That's mainly because foreign brands, such as Toyota, Honda, Nissan, BMW and Hyundai, are stepping up production.
South Korean exporters didn't fare as well, with Kia Motors down 4.6% and Hyundai Motor off by 3.2%.
And Hyundai has just got even bigger by winning the bidding for bankrupt Kia Motors, ahead of Ford.
The three biggest (Korea, Taihan and Hyundai) control two-thirds of the market, but all are in a mess.
Long term, this puts it at a major competitive disadvantage against its non-unionized overseas rivals: Toyota, Honda, Volkswagen and Hyundai.
Inventec, Companhia Concessoes Rodoviarias, and Hyundai Development come in at 2, 012, 2, 023 and 2, 056, respectively, on Forbes Global 2000 scoring.
Less obvious to customers, behind the scenes Kia and Hyundai more closely integrated their product lineups to save development costs.
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Honda ( HMC - news - people ) Fit, Ford Fiesta and Hyundai Accent, all great cars.
Honda, Toyota and Hyundai followed, and Volkswagen may soon as well Alabama is one of three finalists for a new project.
The announcement of the agreement followed a weekend meeting between North Korean leader Kim Jong Il and Hyundai chairwoman Hyun Jeong-eun.
Toyota, Honda, Nissan and Hyundai follow closely behind at approximately 6% each.
Losses at South Korea's three biggest investment-trust firms (Korea, Taihan and Hyundai), which control two-thirds of the country's investment-trust business, are growing.
Notably, Toyota, Daimler and Hyundai all have projects in the mix.
They will soon be joined by General Motors, Nissan, Suzuki and Hyundai.
Middle-class Algerians bought so many imported Renault, Peugeot and Hyundai cars that the government slapped on a sales tax to reduce traffic jams.
Infineon, Micron Technology (nyse: MU - news - people) and Hyundai of South Korea have all disputed Rambus' claim to the technology.
These businesses, which include names such as Samsung, LG and Hyundai, have been a key driver of the country's economic rise in the past years.
Another possibility is DaimlerChrysler along with Hyundai, in which it has a 15% stake with the Germans taking the Korean factories and Hyundai the overseas ones.
Yet even in Korea, there is dogged resistance to reform, as the current row over the forced merger of the LG and Hyundai semiconductor units shows.
Earlier this decade, DaimlerChrysler had partnerships with Mitsubishi and Hyundai that were going to be the basis for small-car growth in Asia and other emerging markets.
The chaebol ran into financial difficulties in the mid-1990s and was broken up into three companies in 2001: Hyundai Group, Hyundai Heavy Industries and Hyundai Motor.
To say that it looks and feels Korean is actually quite a compliment these days, given how impressive both the restyled Kia Optima and Hyundai Elantra are.
FORBES: Meet The Incredible, Half-Sized Spark -- Chevy's Smallest Car Ever
An increasingly dynamic city, Seoul is an exemplary hub of technology and engineering as South Korea achieves global greatness with brands such as Samsung, LG and Hyundai.
Half the American auto industry is foreign nameplates, and it's companies like Toyota and Honda and Hyundai and Nissan that are building cars in the United States.
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