Industry / South Korea
Carmakers Offer Incentives To Fight Sales Slump
November 2008 | Industry NewsNews: According to just-auto.com, Korea Automobile Manufacturers Association (KAMA) reveals that Korean carmaker's domestic sales were down 32,000 units for the three consecutive months until October 2008 compared to the same period last year. This has forced car makers to offer incentives such as cash discount and promotional gifts to encourage sales. Domestic manufacturer Hyundai Motor is offering special discounts on its complete range of passenger cars during November 2008, as per The Bangkok Post.
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