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%.
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.”
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By GlobalData