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South Korea

The corporate fleet sector in South Korea accounts for 18-20% of total auto sales, with most sales going to local brands. However, GM Korea is growing its fleet presence, with commercial sales now representing 9% of total sales.

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Hyundai Strengthens Global Commercial Business

Hyundai Motor Group (HMG), which is comprised of twin brands Hyundai and Kia, has announced that it is strengthening its CV business with a regional focus for product development, a global design center, and a production hub in South Korea.

SsangYong Launches Compact SUV Tivoli

SsangYong Motor Company is launching its Tivoli compact SUV to join a competitive automotive segment. The Tivoli is the first vehicle SsangYong Motor Company has produced since Mahindra & Mahindra took over four years ago.

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