With strong sales, growing profits and an increasingly competent product portfolio, South Korean auto makers have given the U.S. industry a run for its money. The trend now is spreading to China, where Korea’s automotive presence is giving U.S.-based suppliers something to worry about as well. Until recently, American component suppliers with operations in China saw the toughest competition come from China’s domestic suppliers – which are more than 2,000 strong and have the backing of ...

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