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SsangYong Motor's May sales rise 4.6 pct on exports

All Headlines 14:31 June 01, 2018

SEOUL, June 1 (Yonhap) -- SsangYong Motor Co. said Friday its sales rose 4.6 percent last month from a year earlier, helped by increased exports.

SsangYong Motor sold 12,920 vehicles in May, up from 12,349 units a year earlier, the company said in a statement.

Domestic sales fell 5.2 percent to 9,709 units last month from 10,238 a year earlier. But exports jumped 53 percent to 3,229 units from 2,111 during the same period, it said.

In the January-May period, the maker of the Rexton and Tivoli sport utility vehicles sold a combined 54,514 vehicles, down 5.4 percent from 57,648 a year earlier, the company said.

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

The corporate logo of SsangYong Motor Co. (Yonhap)


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