South Korean vehicle production decreases 19.8% y/y in February; exports fall 21.9% y/y
Fall in exports brought about by sluggish demand from Europe which is expected to continue through 2013,
South Korean vehicle production fell 19.8% year-on-year in February, reports Maeil Business newspaper. According to data from the Korea Automobile Manufacturers' Association (KAMA), all five South Korean automakers produced a combined total of 338,278 units in the month.
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