Go to Contents Go to Navigation

SsangYong Motor's Dec sales fall 15 pct on weak exports

All News 14:25 January 02, 2018

SEOUL, Jan. 2 (Yonhap) -- SsangYong Motor Co. said Tuesday its sales fell 15 percent last month from a year earlier due to weak overseas demand for its models.

The carmaker sold 14,208 vehicles in December, down from 16,705 units a year earlier, the company said in a statement.

A whopping 41-percent, on-year decline in exports weighed down the monthly sales tally, the statement said.

Domestic sales dipped 0.5 percent to 10,647 units last month from 10,700 units a year earlier. Exports plunged to 3,561 units shipped from 6,005, it said.

For all of 2017, the maker of the Rexton and Tivoli SUVs sold a combined 143,685 vehicles, down 7.7 percent from 155,754 a year earlier, the company said.

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


Send Feedback
How can we improve?
Thanks for your feedback!