'Inside South Korea the situation is now more urgent than China.'
Anindito Mukherjee/Bloomberg via Getty Images
South Korea's Hyundai, which with affiliate Kia Motors is the world's No 5 car maker, is the first major automaker to announce sales for the month. Chinese and US players will turn in their numbers in the coming weeks. "Inside South Korea the situation is now more urgent than China," Korea Investment & Securities analyst Kim Jin-woo wrote in a note.
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