SEOUL, Jan 2 (Reuters) – South Korea’s Ssangyong Motor Co
<03620.KS> 2001 auto sales rose to 125,668 vehicles from 116,273
in 2000, it said on Wednesday.

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Ssangyong, which specialises in sport utility vehicles, said
sales in December rose to 12,085 units from 10,557 units a year
earlier.

Domestic sales rose to 11,673 units from 9,198, it said.

Ssangyong was rescued from financial problems in December
when creditors agreed to a one trillion won ($758 million)
debt-to-equity swap and $200 million in new funds.

Its shares were up 2.7 percent at 0203 GMT, while the broader
index <.KS11> was up 2.13 percent.

($1=1319.1 won)

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