Last year, Hyundai and Kia’s major overseas markets were either in large deficits or barely even in profit or loss. Nevertheless, the combined operating profit of 4 trillion won is due to sweeping cash from the domestic market in Korea.
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Among global automakers, Hyundai Motor is almost the only one who has made so much money in its own country.The monopoly and high profitability of the domestic market are the biggest discriminatory competitiveness of Hyundai Motor.
Last year Hyundai – Kia Motors’ operating profit of KRW 4.4611 trillion,
4.2 trillion occurred in the domestic market.
It’s embarrassing that Samsung Electronics was swearing at Galaxy Tab S7 for 300,000 won at Samsung’s official website overseas.
Of course, fastball is blocked.