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Korea

New vehicle sales by 5 major OEMs in South Korea decrease 14.2% in May

Five Korean automakers announced domestic new vehicle sales in May. New vehicle sales in South Korea decreased by 14.2% compared to the same month in the previous year to 97,096 units. In addition to a decline in sales by each company due to sluggish domestic demand, the impact of reduced production caused by Hyundai....

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