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New car purchase rates among young people drop to 10-year low in THIS country

General • February 23, 2026

New car purchase rates among young people drop to 10-year low in THIS country is drawing significant interest across the industry.

The respective rates of new passenger car purchases by South Koreans in their 20s and 30s fell to their lowest levels in a decade last year, industry data showed on Monday.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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