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.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.