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AutomakersDoes the world need another automaker?Does the world need another automaker?
Starting in 1998, the climate in the Korean automotive industry will resemble anything but business as usual. The massive Samsung Group's entry into the auto business is already shaking up an industry which for decades developed as the private domain of a few major conglomerates. The existing automakers are scared stiff.Less than a year after announcing its entry into the world car market, Samsung