Go to Contents Go to Navigation

SsangYong Motor March sales almost flat despite lower demand

All News 15:15 April 03, 2017

SEOUL, April 3 (Yonhap) -- Overall sales by SsangYong Motor Co., the smallest carmaker in the country, remained little changed in March compared with a year earlier, backed by steady demand for its SUVs, the company said Monday.

SsangYong Motor sold a total of 12,992 vehicles last month, compared with 13,010 units a year earlier, the carmaker said in a statement.

Domestic sales rose 1.8 percent on-year to 9,229 units in March, while exports fell 4.5 percent to 3,763 over the cited period, the statement said.

In the January-March period, a 11 percent on-year decline in exports was offset by a 7.6 percent gain in domestic sales. Local sales came to 24,350 autos, with exports standing at 9,878, it said.

Robust sales of the Tivoli compact SUV gave a boost to the quarterly sales results, company data showed.

Mahindra & Mahindra Ltd. owns a 72.85 percent stake in SsangYong Motor.

SsangYong Motor's Tivoli compact SUV (Yonhap file photo)


Issue Keywords
Most Liked
Most Saved
Most Viewed More
Send Feedback
How can we improve?
Thanks for your feedback!