Once home to 'Japanese car killer,' South Korea's auto sector in decline

Annual output nears 4m minimum needed to sustain industrial base

20191001N GM Korea REUTERS

A worker at GM Korea, which shut down one of its three South Korean plants last year. © Reuters

KOTARO HOSOKAWA, Nikkei staff writer, and KENTARO OGURA, Nikkei deputy editor

SEOUL -- Cutbacks by foreign automakers are threatening to slash South Korea's annual vehicle production to below 4 million, a threshold that could doom an industry that accounts for about a fifth of the country's gross domestic product.

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