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Advances by small carmakers keep S. Korea's auto market growing

2017-01-04

South Korea's automobile market continued to expand from a year earlier last year but largely on advances by small automakers that helped more than offset a retreat by the local industry leader and imported vehicles, data showed Tuesday.

In 2016, five South Korea-based producers of passenger cars sold a combined total of 1,588,572 vehicles here, up 0.6 percent from 1,579,705 cars sold the previous year.


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