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.

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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