BizVibe Announces Their List of the Top 5 South Korean Car Brands for 2018

BizVibe Announces Their List of the Top 5 South Korean Car Brands for 2018 (Graphic: Business Wire)

LONDON--()--BizVibe, a smart business networking platform for global B2B buyers and suppliers, announced today their list of the top 5 South Korean car brands for 2018. South Korea has always been one of the world’s top automotive manufacturing countries and one of the largest automotive exporters since the 1990’s. Today, South Korea’s automotive industry remains one of the most important sectors in the country and a key factor for South Korea’s economic growth. Recent studies show that major South Korean car brands have already become some of the world’s leaders in car quality, innovative designs, and the development of eco-friendly vehicles. The best South Korean auto manufacturers are expected to perform even better in the market in 2018, led by some of the most reputable companies around.

Connect with Passenger Cars Manufacturers in South Korea

As a global B2B marketplace, BizVibe is perfect for companies that want to simplify the complex and tedious process of product sourcing and supplier selection. Get quotes quicker, generate better leads, and unlock a hidden world of new business opportunities. In a recent article titled Top 5 South Korean Car Brands for 2018, BizVibe has compiled a list of the top 5 South Korean car brands that will disrupt the industry in 2018. Here are the some of them:

5. Renault Samsung

Renault Samsung Motors (RSM) was originally established in 1994 under the name Samsung Motors before it became a subsidy of Renault Motors in 2000. The French automaker bought a 70% stake for $560 million and after that acquisition, sales vastly improved. The company brought in almost $4.5 billion in revenue last year, with future luxury vehicles and electric models expected to boost their revenue and global presence.

4. SsangYong

SsangYong started out as two separate companies that eventually merged in 1963 to rebuild jeeps, trucks, and buses to be shipped to the USA. The company was then bought out by SsangYong Business Group in 1986, who partnered with Daimler-Benz to build a luxury SUV that gave them a strong foothold in the global automotive market. In 2011, after some financial difficulties, Mahindra & Mahindra Ltd. acquired the company to help it reach the success it’s experiencing today.

3. GM Korea

Shinjin Motors became GM Korea back in 1972 after Toyota’s withdrawal from the company and General Motors purchasing a 50% stake. Shinjin has roots back to the Korean War when the business was relaunched to rebuild scrapped US military vehicles. After a few name changes and partnerships, GM Korea is now the third largest automobile company in South Korea.

Read the entire list of Top 5 South Korean Car Brands for 2018 on BizVibe

BizVibe connects buyers and suppliers from all over the world, with the goal of helping B2B companies keep up with market demand. In addition to the top companies in the South Korean automotive industry, BizVibe is also home to more than 7 million companies overall.

Let the clients come to you. Add your company and reach automotive suppliers on the world's leading business networking platform for product sourcing and supplier selection.

Connecting on BizVibe

BizVibe has been specifically designed to help industry professionals connect with like-minded businesses, providing them with a seamless, efficient, and easy-to-use platform. Using cutting-edge technology and advanced match-making algorithms, BizVibe has launched the smartest networking platform on the planet, something that can truly help companies find the right matches.

With extensive feedback from communities across multiple industries, BizVibe was able to identify the core problems and uncertainties when finding potential trade partners. Using this feedback, BizVibe developed an efficient networking platform dedicated to buyers, sellers, importers, exporters, manufacturers, and suppliers, helping thousands of users to connect, engage, and make business deals daily.

About BizVibe

The single-minded focus of BizVibe’s platform is to make networking easier. Over the years, we've searched far and wide to figure out how businesses connect and enable trade. That first interaction is usually fraught with the uncertainty of finding a potential partner vs. a potential nightmare. With this in mind, we've designed a robust set of tools to help companies generate leads, shortlist prospects, network with businesses from around the world and trade seamlessly.

BizVibe is headquartered in Toronto and has offices in London, Bangalore, and Beijing. For more information on the BizVibe network, please contact us.


Sony Gomes
Media & Marketing Executive

Release Summary

BizVibe Announces Their List of the Top 5 South Korean Car Brands for 2018.


Sony Gomes
Media & Marketing Executive