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South Korean Midsize Hybrid Car Market Halved This Year

SEOUL, May 10 (Korea Bizwire) – Sales of midsize hybrid cars were halved in the first four months of this year, mainly due to existing vehicle models becoming dated and the popularity of new non-hybrid vehicles, market watchers said Sunday. Data provided by carmakers showed sales of the Sonata, K5 and Malibu hit 2,268 units at the end of April, down a sharp 49.7 percent from [...]