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23 Feb
12:11

South Korean January auto production drops from December

In January, South Korean auto production, domestic sales and export shipments all fell from December but remained higher year-on-year, according to data from the Korea Automobile Manufacturers Association (KAMA). Monthly production amounted to 308,808 units, down 12.6% on-month but up 13.9% y-o-y, Kallanish notes. The y-o-y increase was due to improvement in automotive chips supply, despite reduced working days due to the Lunar New Year holidays and assembly line …
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