Mahindra and Mahindra-owned Ssangyong Motor sold 12,078 units in May – 5,271 in Korea plus 6,807 exports, including CKD kits.
May sales were off 5.1% year on year due to reduced working days, the automaker said, but cumulative sales for the first five months rose 10.2%.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Domestic sales for the first five months grew 18.6% with Korando C and Korando Sports volume up 14.7% and 31.7% respectively.
May exports slipped 8.8% due to reduced working days and priority given to domestic supply, Ssangyong said, but YTD shipments grew 4.2% due to demand from western Europe and China.
CEO Lee Yoo-il said: “Even though our domestic sales in May dropped slightly from the previous year due to reduced working days, our cumulative sales still show an uptrend.”
