Korea car makers seek tax break extension - media

Newswire

SEOUL, Aug 25 (Reuters) - South Korea's automakers have asked the government to extend tax breaks on car purchases by three months to the end of this year to boost demand, a local news agency reported on Sunday. The Korea Automobile Manufacturers Association made the request, citing that an early end to tax favours would result in higher car prices for consumers and a decline in domestic demand, Yonhap News Agency said. Officials at the association were not immediately available for ...

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