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S. Korean car parts suffer from weak price competitiveness: poll


South Korean car parts are of high quality but suffer from weak price competitiveness, a poll showed Tuesday.

The survey of 87 corporate buyers attending this year’s Automotive Aftermarket Product Expo (AAPEX) in the United States found that they gave locally made parts 4.6 points out of a possible 5 in quality, but numbers fell to 3.2 points in price and 2.7 in terms of payment. Locally made products also got 3.3 points in design.

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