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BRIEFING - ASIA AUTOMOTIVE - APRIL 22, 2004.

Asia Africa Intelligence Wire

| April 22, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Asia Pulse)

An executive briefing on the automotive industry for April 22, 2004, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

S. KOREA'S AUTO OUTPUT SET TO REACH 7.1MLN UNITS IN 2012

SEOUL - South Korean automakers are expected to double their car production to 7.1 million units by 2012, according to an industry report Thursday.

The study released by the Korea Automobile Manufacturers Association (KAMA) predicted that domestic carmakers' output will increase from 3.39 million vehicles last year to 4.6 million in 2007 and 6.5 …

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