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Ssangyong Motor Recorded 53 Percent Rise In December Sales in Korea

By Motortrend India Staff   |   11 January,2013

Ssangyong Motor has reported a 53.2 percent growth in the sales in December 2012 in Korea as compared to the sales in December 2011. Ssangyong Motor, part of the US$15.9 billion Mahindra Group, has sold 11,871 units in December 2012 that includes 5,365 vehicles in the domestic market and 6,506 units in exports including CKD.

There has been 21.8 percent growth in sales in December 2012 as compared to the sales in November 2012. Exports depict an increase of 26 percent in December 2012 as compared to the same month last year. Ssangyong has sold more than 10,000 vehicles in four consecutive months.

Although there had been economic slowdown across the globe, Ssangyong reported cumulative sales of 120,717 vehicles which include 47,700 vehicles sold in domestic market and 73,017 exported with a year-on-year increase of 6.8 percent. The cumulative domestic sales reported the highest growth of 23.4 percent as compared to last year among the automakers. The high sales reported are due to the Korando C and Korando Sports.

The company has exported 32,328 vehicles to Russia. This is the first instance when the company has exported more than 30,000 vehicles to a single country.

Lee Yoo-il, CEO of Ssangyong Motor, commented, “It is a very meaningful accomplishment that the company achieved the highest growth among the domestic and imported automakers despite a sluggish global economy,” adding, “We will further increase our global sales through differentiated marketing strategy and reinforced export product line up, continuously.”

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