After World War II, many developing countries tried fostering an automobile industry for its positive spillover effect on other related industries. But South Korea alone successfully fostered an automobile industry. For that reason, many developing countries have shown great interest in the Korean automobile industry. Currently undertaking KSP and ODA projects also aim mainly for sharing Korea’s experience and forming cooperation within the automobile industry. Therefore, it is helpful to modularize Korea’s experience on developing an automobile industry to provide a systemic response to the demands of developing countries. Korea’s first automobile, ‘Sibal’, was manufactured in 1955, and a modern assembly line was first implemented in 1962, as the ‘Saenara’ was manufactured. (The rest omitted)
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