Transformation Towards Overseas-Oriented Expansion: The Evolution of Hyundai Motor Group's Production Structure *

Jin Woo, Kim
2015 unpublished
In this paper, we analyze the Hyundai Motor Group's newly evolved-production structure to illustrate the evolution of a corporate system. Specifically, we explore why Hyundai Motor Group's domestic-oriented production structure could be maintained until the more recent history of Korea's domestic automobile market. Our findings show that since 2012, the Hyundai Motor Group's production structure-which has been affected by internal and external factors in the automobile market-has transformed
more » ... m a domestic-oriented production structure to an overseas-oriented production structure. Our findings further demonstrate that both technical factors embedded in the Hyundai Motor Group's production system and non-technical factors that strive to equate the production conditions in the Group's foreign and domestic facilities support the smooth operation of the overseas-oriented production structure.