• Title/Summary/Keyword: Japanese Automobile Market

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A Study on the Changes of the Competition Structure of the Japanese Automobile Market and the Korean Enterprises' Strategies of Export to Japan (일본 자동차시장의 경쟁구조 변화와 한국기업의 대일 수출전략에 관한 연구)

  • Kwon, Young-Wook;Nam, Kyung-Doo
    • International Commerce and Information Review
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    • v.14 no.4
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    • pp.61-88
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    • 2012
  • Korea exported the passenger cars(HS 8703) such as key export item 41billion dollars in 2011. But the Korea's representative enterprises which bound forward in the global markets, have a tough time in the Japanese markets alone, and especially, they hardly sell key items such as automobiles. Japan is the third largest automobile market sold annually 5 millions, despite its long-term depression. At this time of point, analyzing the competition structure of the automobile market and proposing the strategies of the Korean enterprises's export to Japan would be a great academic contribution. This study analyzed the Japanese automobile market by the method of upper enterprises' Concentration Ratio($CR_k$) based on J. S. Bain's SCP paradigm and the literature study on the characteristics of the Japanese market by Itami Hiroyuki. As a result, in the Japanese automobile market, it is very likely that there exist market dominating enterprises, but at the same time, the movement of change also could be grasped between Japanese car makers. Accordingly, the cross-leveraging distribution strategy, brand strategy and Japan specification(designed for Japan) development strategy of the Korean enterprises' export to Japan which can respond to the change of the Japanese automobile markets were proposed.

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A Study on Country and Brand Image of Foreign Automobile Products - A Focus on Path Analysis of U. S and Japanese Brands - (외국 자동차 제품의 국가이미지와 브랜드이미지에 대한 연구 - 미국과 일본 브랜드의 경로분석을 중심으로 -)

  • Seo, Min-Kyo;Lee, Chun-Su
    • International Commerce and Information Review
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    • v.9 no.1
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    • pp.23-41
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    • 2007
  • This paper research the country image, the brand image, consumers' performances and the brand royalty with the path analysis on foreign automobile brands. Our empirical study testify the reliability analysis, the factor analysis and the path analysis with above variables by SPSS 12.0 and AMOS 4.0. The result of this research is that hypotheses H1, H3, H5 were significantly supported, whereas, hypotheses H2, H4 were rejected in the samples of American automobile. and in the samples of Japanese automobile, it was clearly revealed that hypotheses H2, H3, H4 were significantly supported, whereas, hypotheses H1, H5 were rejected. So, in Korean market, we should focus on the brand image strategy more than the country image to make the brand royalty with American automobile products. whereas, Japanese automobile products, another strategy is recommended.

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Prospects of Japan's Electronic Vehicle Market: An Analysis Through Toyota Motors' Hybrid Vehicle Deployment (도요타의 하이브리드 자동차 보급 사례 분석을 통한 일본 전기자동차 시장에 대한 전망)

  • Ko, Woo Li;Kim, Kyunghwan
    • Journal of East Asia Management
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    • v.5 no.1
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    • pp.75-90
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    • 2024
  • About 100 years after the start of mass production by American car maker Ford in 1913, the automobile industry has come to a major transformation in 100 years. In this transformation period, automakers are facing the biggest challenge of converting power sources, the basis of automobiles, from existing internal combustion engines to electric vehicles. Hybrid vehicles have been released in Japan since the late 1990s, and changes in automobile power sources have occurred early. In order to gain global leadership in hybrid vehicles, Japanese automakers and the Japanese government joined forces to promote the growth of the domestic hybrid vehicle market. The government has implemented a policy to substantially subsidize the high price of hybrid cars compared to internal combustion engine cars by providing purchase subsidies and tax benefits to buyers. Toyota has increased its line-up of hybrid cars around the Prius and has further strengthened communication with customers for the sale of hybrid vehicles. As a result of continuing these efforts for about 20 years, the percentage of Japan's hybrid vehicle market in 2022 reached 51% for passenger cars. Recently, each country has been setting and promoting aggressive goals for electric vehicles that require a wider range of physical and institutional infrastructure than hybrid vehicles. This study aims to assess the growth of electric vehicles by looking at the trend of hybrid vehicles and how they've been distributed in the Japanese market.

The Economic Cooperation of Korea, China and Japan & the Advance to China in Automobile industry. (한중일 경제협력과 자동차 산업의 중국 진출방향)

  • Kim dong-ki;Shin yong ha
    • Proceedings of the Society of Korea Industrial and System Engineering Conference
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    • 2002.05a
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    • pp.217-226
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    • 2002
  • Under the sudden change of competitive environment, the economic cooperation as a part of survival strategy is being a big issue among countries. There was much discussion based on the geological adjacency as well as cultural homogeneity regarding the economic cooperation of three countries, Korea, China, Japan. It has been also known that major trade countries of the world concluded the treaty of region trade, then extended the number of export, and drew a success in foreign direct investment. Resent automobile industry is being ran by the center of America, Europe and Japan. Korea only has a successful experience of restoration of automobile industry in the half of a century after his beginning. It is true that China is trying to do best to raise his automobile industry. Also Japan is a leading automobile country guiding automobile industry all over the world. It can be considered that Korea will play a major role in the three countries' automobile industry based on Japanese demonstrated technology, Chinese resources, market and experience with their economic cooperation. Therefore it is expected that a big result will be achieved throughout such a role play of each country. This paper has a purpose to light up the distinctive quality and the present condition of each country in automobile Industry, and to promote the foundation of three countries' economic cooperation. It is convinced that the economic cooperation of three countries, Korea, China and Japan in automobile industry, will play a great role in the world automobile market.

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The Present Condition of Korea, China and Japan in Automobile Industry & the Economic Cooperation (한.중.일 자동차 산업의 현황 및 경제협력)

  • 김동기;신용하
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.26 no.3
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    • pp.10-17
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    • 2003
  • Under the sudden change of competitive environment, the economic cooperation as a part of survival strategy is being a big issue among countries. There was much discussion based on the geological adjacency as well as cultural homogeneity regarding the economic cooperation of three countries, Korea, China, Japan. It has been also known that major trade countries of the world concluded the treaty of region trade, then extended the number of export, and drew a success in foreign direct investment. It can be considered that Korea will play a major role in the three countries' automobile industry based on Japanese demonstrated technology, Chinese resources, market and experience with their economic cooperation. Therefore it is expected that a big result will be achieved throughout such a role play of each country. This paper has a purpose to light up the distinctive quality and the present condition of each country in automobile industry, and to promote the foundation of three countries' economic cooperation. It is convinced that the economic cooperation of three countries, Korea, China and Japan in automobile industry, will play a great role in the world automobile market.

A Study on Impact that KOREAN FTA influences the Industry of Korean & Japanese Automobile (한국의 FTA 전략이 한일자동차산업에 미치는 영향에 관한 연구)

  • Jung, Byoung Moo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.61
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    • pp.303-325
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    • 2014
  • As the development of information and globalization of world economy enters new condition, the stake of every nation's makes more complwx, and multilateral negotiation lead by WTO is seriously delayed. But the number of agreement about FTA increase exponentially. In this study we aim to consider whether Korean FTA affects the relation of the trade of Korea and Japan or not, especially Automobile industry. The composition of this paper is as follows. Chap. 1 is Introduction. In Chap. 2, we consider the change of the Trade Policy of Korea focusing in FTA. In Chap. 3, we consider how Korean FTA affect the structure of Japan's Trade, especially the automobile industry of Korea and Japan. In Chap. 4, we have conclusion. As the conclusion, the impact to the automobile industry of Korea and Japan is that Korean FTA works to Korean automobile industry advantageously in micro level, but in macro level, the competition of world automobile industry move into a next generation technology market.

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A Study on the Architectural Status and Improvement of Korean Used Car Trade Facility - based on Benchmarking of Japanese Used Car Trade Facilities - (한국 중고차 거래소 건축 현황과 개선방안 연구 - 일본 중고차 거래소의 벤치마킹을 중심으로 -)

  • Song, Kyuman
    • Journal of the Architectural Institute of Korea Planning & Design
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    • v.35 no.6
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    • pp.47-58
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    • 2019
  • According to the Korea Ministry of Transportation report in 2015, domestic used car trade (3.66million) is twice the number of new car sales (1.84million). However, contrary to the quantitative growth of the used car trading volume, chaotic used-car market practice has not been improved and also, space that holds these markets (facilities) has remained at a very low level of quality. Lemon Market, asymmetry of information, false bait, tout, dual contracts, negative words that qualify the used car market information are still in place. The aim of this study was to understand the unique circumstances of the used car sales market distinguished from new cars, and to analyse the problems of recent domestic used car market facilities and afterwards to draw guidelines for new used car facility architecture. Through literature review, surveys, the characteristics of domestic used car market have been organised and field research and competitive analysis of the Korea used car market architecture is followed. As a result, empirical guideline for Korea used-car market facility is introduced.

Techno-economic Analysis on the Present and Future of Secondary Battery Market for Electric Vehicles and ESS (전기차와 ESS용 이차전지 시장의 현재와 미래에 대한 기술경제적 분석)

  • Jung Seung Lee;Soo Kyung Kim
    • Journal of Information Technology Applications and Management
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    • v.30 no.1
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    • pp.1-9
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    • 2023
  • Interest in the future of the battery market is growing as Tesla announces plans to increase production of electric vehicles and to produce batteries. Tesla announced an action plan to reduce battery prices by 56% through 'Battery Day', which included expansion of factories to internalize batteries and improvement of materials and production technology. In the trend of automobile electrification, the expansion of the battery market, which accounts for 40% of the cost of electric vehicles, is inevitable, and the size of the electric vehicle battery market in 2026 is expected to increase more than five times compared to 2016. With the development of materials and process technology, the energy density of electric vehicle batteries is increasing while the price is decreasing. Soon, electric vehicles and internal combustion locomotives are expected to compete on the same line. Recently, the mileage of electric vehicles is approaching that of an internal combustion locomotive due to the installation of high-capacity batteries. In the EV battery market, Korean, Chinese and Japanese companies are fiercely competing. Based on market share in the first half of 2020, LG Chem, CATL, and Panasonic are leading the EV battery supply, and the top 10 companies included 3 Korean companies, 5 Chinese companies, and 2 Japanese companies. All-solid, lithium-sulfur, sodium-ion, and lithium air batteries are being discussed as the next-generation batteries after lithium-ion, among which all-solid-state batteries are the most active. All-solid-state batteries can dramatically improve stability and charging speed by using a solid electrolyte, and are excellent in terms of technology readiness level (TRL) among various technology alternatives. In order to increase the competitiveness of the battery industry in the future, efforts to increase the productivity and economy of electric vehicle batteries are also required along with the development of next-generation battery technology.

EPA promotion of Japan against EU and counteractive measures of Korea (일본의 대EU EPA추진과 우리나라의 대응방안)

  • Lee, Jong-Won
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.373-394
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    • 2009
  • As Korea-EU FTA has established, the strategy and counteractive measures of Japan have been rising. EU accounts for 33% of GDP and has a lot of population, which makes up 7.1% in the world. Besides, it has a great market, which, amounts to 4.3 trillion. Japanese government indicated that as Korea has established FTA with the U.S.A. and has negotiated with EU, the necessity to cope with in the field of automobile, machinery, and appliances is urgent. To recognize competitive areas in the market of EU between Korea and Japan, this paper focuses that we need to notice Japan's access toward EU and the present situation about trade and customs. Second, it investigates that Japan is in competitive with Korea in which kind of industrial area.

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Trade Structure and Comparative Advantage Pattern of Busan Area against Japanese Market (부산지역의 일본시장에 대한 교역구조와 비교우위 패턴 분석)

  • Yi, Chae-Deug
    • International Area Studies Review
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    • v.12 no.3
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    • pp.467-492
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    • 2008
  • This paper analyzes the specific product-basis trade structure between Busan and Japan using the recent 2000-2007 trade statistical data. Several specific product-basis trade structure tests such as intra-industry trade index and market comparative advantage index show that there are considerable differences in intra-industry trade structure between Busan and Japan. Furthermore, this paper found that Busan has high quality vertical intra-industry trade and horizontal intra-industry trade as well as low quality vertical intra-industry trade in trading with Japan. While Busan has the market comparative disadvantage in automobile-part products in Japan. This paper also examines the contribution to trade balance of Busan's exports and the movement of Busan's comparative advantage patterns in Japan. The comparative advantage appears to have overall stability and convergence properties using symmetric indices.