South Korea ranked seventh in global automobile production in 2024, slipping further down the rankings as domestic output declined while overseas production by its automakers expanded. According to the Korea Automobile & Mobility Association (KAMA),

The state-run Korea Ocean Business Corp. (KOBC) has acquired a distribution center in Georgia together with local logistics company LX Pantos Co. to help South Korean firms respond to the global supply chain reorganization,

Korean logistics company LX Pantos, in collaboration with the state-run Korea Ocean Business Corporation, has acquired a large-scale logistics center in Georgia, US, to anchor a key export hub for Korean firms while bolstering its supply chain competitiveness,