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17 Apr
07:38

South Korea auto industry recovers faster in March

South Korea's automotive production hit its highest monthly level in the past six years in March on normalized auto parts supplies and strong sales. The country's auto production reached 409,806 units in March, up 17.9% from February and jumping 35.6% from a year earlier, according to the Korean Ministry of Trade, Industry, and Energy (Motie). This led to a 27.1% on-year increase for total auto production in January-March, at 1.06 million un…
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