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11 Apr
07:20

South Korea auto industry reports strong February

South Korea’s automotive industry reported a strong February amid easing chip shortages and demand for electric vehicles, according to the Korea Automobile Manufacturers Association (KAMA). February auto production in the country totalled 347,707 units, surging 13.4% month-on-month and 31.7% year-on-year, Kallanish learns. The figure was also higher than any month last year except November and December. By type, passenger cars posted the lowest m-o-m growth…
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