SsangYong Motor 18% sales increase in November 2013

Ssangyong Motor registered sales growth in domestic business and exports last month with a notable 48.5% YOY sales increase in the domestic market. Ssangyong Motor is making every effort to increase production volume to balance delivery period.

Ssangyong Motor

During the past month, SsangYong Motor sales exceeded 14,000 units and saw sales increase 17.9%. The company sold a total of 14,092 units in November 2013 out of which domestic sales accounted for 6,540 units while exports accounted for 7,552 units.

In domestic markets it was the Korando C and Korando Sports which were more in demand signifying a rise of 7.9% and 101.7% respectively as compared to sales in the same month in the previous year. Exports were particularly noteworthy from Russian and Chilean markets and cumulative exports during the period January to November 2013 increased by 12.8% YoY. Increased shipments were also noted to export markets of Europe and China ever since the new Korando C was launched in September this year.

This is the company’s second consecutive month of enhanced sales and though there is a long list of bookings, the company is taking all possible steps to ensure that production is increased substantially so as to make deliveries to customers on time.

Lee Yoo-il, CEO of Ssangyong Motor said, “Ssangyong’s monthly domestic sales set a record for two month in a row since 2006 led by robust sales of refreshed models, and its global sales exceeded 14,000 units for the second straight month,” adding, “We will make our best efforts to expand production volume to supply vehicles to customers in a timely manner.”