완성차 업체와 1차 대규모 협력업체와의 동반 성장 실태 연구

Abstract

This research aims to study the phenomenon of mutual growth between car manufacturers and the large sized first vendors in the automobile industry. We used two methodologies for this research. First, we conducted interviews, visiting the domestic and overseas production sites of seven suppliers of Hyundai and Kia. Second, we analyzed financial data of 135 large-sized first vendors based on the data provided by KIS-Value, especially comparing the performances of supplier groups according to their related automobile makers. Given that the fruit of joint overseas expansion is not reflected in operating profit rates which have been normally used in previous studies, this paper examined the performances in terms of not only operating profit rates but also net profit rates. The net profit rates include the profit earned from overseas market as equity method income. The major findings are that at least the large-sized partners of Hyundai and Kia seem to have grown with Hyundai and Kia. In addition, the partners of Hyundai and Kia have showed a better performance than those of foreign makers to a minor extent. This result, however, does not deny the polarization between the large and small businesses in the automobile industry. Rather than that, this result should be interpreted that the polarization between large suppliers and small and medium sized suppliers should be given more attention than before.