FACTBOX-Aid packages for global automobile industry

Newswire

March 26 (Reuters) - South Korea announced on Thursday tax incentives and easier consumer financing to support its domestic car industry, which is reeling from a global demand slump. Here are some details about aid packages for the shattered global auto industry: * SOUTH KOREA -- Announced on Thursday plans to provide temporary tax incentives by lowering purchasing and registration taxes by 70 percent from May to December to customers who would buy new cars to replace old ones registered ...

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