The 2013 Toyota Camry is officially the car of the year in Korea.
The country's motoring press graced the Japanese sedan with the honor
for the first time, officially marking a shift in prevailing Korean
attitudes toward Japan
and its products. According to industry analysts, buyers in the country
are no longer simply choosing their purchases based on whether or not
they're made in South Korea, but rather based on quality and personal
choice. That's a big jump from a few years ago, when buyers viewed their
purchases through a patriotic lens.
The Camry managed to edge out a total of 44 other cars, including hardware from both Hyundai and Kia, to become the first foreign vehicle to take home the Korea Automobile Journalist Association's Car of the Year award. As The Detroit News
points out, just 10 years ago, domestic manufacturers held some 99 per
cent of the Korean car market. But a change in trade regulations has
opened up the country considerably, and buyers now have access to a wide
range of products from around the globe. As a result, Hyundai and Kia
have countered by cutting prices in an attempt to keep their grip on the
market.
Article by Zach Bowman
Posted Feb 26th 2013 in Autoblog Canada
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