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Carmakers to bet big on new models


South Korean carmakers are pinning high hopes on new models this year to help defend their home turf from increased competition from foreign brands.

Despite increased car sales, the nation’s five carmakers - Hyundai Motor, Kia Motors, Renault Samsung Motors, GM Korea and Ssangyong Motor - continued to lose market share in 2014.  

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Hyundai’s Avante

By Lee Ji-yoon (

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