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Korea

New vehicle sales by 5 major OEMs in South Korea decrease 28.3% in August; sluggish demand and Hyundai strikes weigh on sales

Five Korean automakers announced domestic new vehicle sales in August. New vehicle sales in South Korea decreased by 28.3% compared to the same month in the previous year to 79,601 units. All of them saw sales fall below the previous year's levels; in addition to slowing domestic and overseas demand, strike-related d....

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