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SsangYong Motor's Jan. sales rise 7.7 pct on SUV demand

All Headlines 14:28 February 01, 2019

SEOUL, Feb. 1 (Yonhap) -- SsangYong Motor Co. said Friday its sales rose 7.7 percent last month from a year earlier on growing demand for sport utility vehicle models.

SsangYong Motor sold 10,988 vehicles in January, up from 10,205 units a year earlier, with numbers being buoyed by robust demand for the Rexton Sports SUV, the company said in a statement.

Domestic sales jumped 15 percent to 8,787 units in January from 7,675 a year earlier. Exports rose 4.1 percent to 2,633 units from 2,530 during the same period, it said.

The SUV-focused carmaker's lineup also includes the flagship G4 Rexton, Tivoli, Korando C, and Korando Turismo.

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

SsangYong Motor's Rexton Sports SUV (Yonhap)

kyongae.choi@yna.co.kr
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