Kia Auto Parts In The Forefront Of The Korean Auto Boom Wave
From a humble beginning as a maker of bicycles in Korea, Kia automobiles today prides itself in being one of the best automotive manufacturers in the world. It has achieved remarkable success as a maker of high-quality and affordable automobiles. Besides, Kia auto parts have proved their mettle as a dependable player in the aftermarket for replacement and maintenance.
The Korean automobile industry, as also Korean auto parts makers, has achieved unusual success, even though the industry has been sandwiched between high-profile, high-priced Japan and newly emerging low-priced China.
Great Prospects In The Horizon For Korean Auto Parts Industry
Boom time is round the corner for the likes of Kia auto parts. Nearly 70 percent of U.S. buyers have shown their willingness to increase their purchases of South Korean auto parts once the Korean-US free trade agreement will come into effect. The free trade agreement once ratified by the legislature of both countries will almost completely eliminate tariff barriers and offer protection to multinational financial sectors and firms like Kia auto parts. The key reason cited by U.S. automakers is the price competitiveness of the auto parts and uncompromising strict quality requirements. Under the Free Trade Agreement signed in November 2010, the United States will immediately lift all tariff barriers from South Korean auto parts and gradually phase out tariff on South Korean automobiles. The makers of Kia auto parts are upbeat, as this agreement is expected to markedly improve sales to the United States in the coming years.
Why This Beeline to the Korean Industry?
To understand why America is making a beeline to Korea, you firstly need to have a glance at South Korea’s automotive and auto parts industry. The Korean auto industry today is the fifth largest in the world in terms of production and sixth largest in terms of exports volume. Almost all makers, including Kia auto parts, are benefitting from this unprecedented surge in growth.
What Is The Reason?
We all know once Korean auto products were considered to be unreliable because they were mundane, cheap, and devoid of quality, but not anymore. Although considered to be inferior in the past, Korea has now shrugged off that second-rate image and has caught up with the best manufacturing standards in the world. This was a great leap forward for the Korean automobile industry. As the exports of makers like Kia automobiles surged ahead, so did the volumes of car parts. Not surprising, because companies like Kia auto parts were quick to adapt themselves to the changing conditions in the automobile industry. For example, Korean auto parts makers realized the singular advantage of being in close interaction with the automakers, which gave them a lead time of being quick in upgrading their products in terms of both quality and innovation.
Kia auto parts now have a niche market in the United States. This confidence has been driven no less by the popularity of Rio, the most affordable four-door sedan to the well-accepted compact SUV Sportage. Besides, Kia has always ensured that safety is of paramount importance, right from the design to the manufacturing stage.
For exclusive Kia Auto Parts go to Four Green which is, since 1980, has been in the business of supplying top quality Korean car parts like Hyundai, Kia, Daewoo, and SssangYang. The company has warehouses located in Seoul, Korea and Detroit, Michigan.