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LMC Automotive blog: Korea’s automobile demand, supply, and equilibrium during the pandemic
After a hugely successful 2020, what caused the combination of stagnant sales and higher inflation in Korea in 2021?For the last two years or so, the pandemic has heavily impacted both the supply and demand sides of the Korean car industry. In 2020, at the onset of the COVID-19 pandemic, the health crisis changed the....
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