day after day on US Medias, criticizing Japanese workmanship had disappeared. Even US congress put pressure on Toyota, hoping it will help US automobile industry bring back its position on the market. This entire incident was call Toyota Recall Crisis, and Toyota, which had a dominant position on the automobile market, lost its power and allowed other companies, Hyundai and GM, to catch up.
FTA on Korea. To this end, we analyze five primary sectors that are deemed to have the greatest impact on both countries: steel, automobiles, chemical products, textiles, and agriculture. We conduct a literature review of these respective sectors (primarily statistics supplied by KIEP and SERI), lay out both the impact of exports and imports, and also point out relevant issues to these sectors.
Core Competencies of Volvo
Quality, safety and Environment-friendly Automobile
Strong reliability from customer
High Technology like other car manufacturers
Leif Johansson background
1997 CEO, Leif Johansson
1984-1997 Electrolux(Europe's largest electronics manufacturers)’s Vice President, CEO, and Chairman
Living Textbook in terms of M&A
Said the most Important Assets
from
History before M&A
1927. Assar Gabrielsson and Gustav Larson
1928. The first truck, the "Series 1,”
1930 the export of trucks to Europe started
But, the cars did not become even well-known outside Sweden until after WWII
History After M&A
1997. CEO, Leif Johansson inaugurated
1998. Merged Samsung Heavy Industries
Sold Mecalac, in farm machinery
1999. Sold Volvo
statement that HMC to become a trusted lifetime partner of their customers. They are trying to bring a new perspective of automobiles through innovative mobility solutions based on human-centric, eco-friendly technologies and services; They are putting effort to 1) bring a new perspective to automobiles, 2) innovate mobility solutions, 3)Human-centric, eco-friendly technologies and services.