Question
The French government accused South Korean car makers Hyundai Motor Co. and Kia Motors Co. of dumping their cars on the French market back to
The French government accused South Korean car makers Hyundai Motor Co. and Kia Motors Co. of "dumping" their cars on the French market back to 2012. Back to 1987, GM and Ford of Canada took Hyundai to court, complaining the Korean manufacturer's pricing policies were unfair and had affected their share of the market and financial results. In 1988, the Canadian Import Tribunal ruled that dumping of cars by Hyundai 'has not caused, is not causing and is not likely to cause material injury' to cars being produced by General Motors of Canada Ltd. and Ford Motor Co. of Canada. A more recent article from Feb 14, 2020 indicated that South Korea remains a safe haven for automakers to import vehicles to the U.S. tariff-free and GM, Hyundai and Kia escape US auto tariffs on South Korean-made cars. Check the article below for the events mentioned before and answer the following questions:
France Claims Hyundai Dumps Cars
Canada Rejects Charges Of Hyundai Dumping
GM, Hyundai and Kia escape US auto tariffs on South Korean-made cars
- What is dumping? In the case of South Korean car manufacturers, Hyundai and Kia, why did France government, GM and Ford of Canada accuse them of dumping cars?
- Is it right to own a car? If so, is it a U.S. made car or an import? Which one is the biggest factor in the decision to buy a car, U.S. made, quality or lower price?
- Search around and find other cases about dumping on international trade. Is it surprising by any of those cases?
- We talked about the South Korea car makers here. Does German car manufacturing Audi have been dumping its cars to U.S. market? It can be checked the prices of the same model Audi cars between US and Germany website and check your expectation. Is the result surprising?
Audi USA Models
Audi Deutschland
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