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Korean cars face double crisis of falling exports, domestic sales

Korean cars face double crisis of falling exports, domestic sales

South Korea’s traditional growth engine has been rebounding strong as of late. However, the auto industry has been struggling. Posting the worst export numbers since the last global financial crisis, and losing appeal to domestic consumers. Cha Sang-mi takes a closer look at this discouraging development. Korea’s car industry, the country’s second largest source of exports, has been suffering from…

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