Ford PH exec admits Korean brands are the future of auto industry

Read his prediction for Toyota
by Vernon B. Sarne | Mar 10, 2013

Korean carmakers Hyundai and Kia

An executive of Ford Philippines has admitted to that he thinks Korean brands are the next big thing in the automotive industry. From exterior styling to groundbreaking technologies, "you can already see it happening," he told us, noting that both Hyundai and Kia are now doing extremely well in our market.

The Ford executive even went on to make an analogy.

"Hyundai will be like Samsung and Kia will be like LG," he said.

And Toyota?

"Toyota will be like Sony," he added.

Ouch. If we understood correctly, he meant to say that the Koreans will eventually overtake the Japanese in the car business, just as they did in the field of consumer electronics.

Do you agree?

Continue reading below ↓
Continue reading below ↓
Recommended Videos
  • Quiz Results

  • TGP Rating:

    Starts at ₱

    TGP Rating:
    Starts at ₱