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The Korea Herald
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THE INVESTOR
March 29, 2024

Automobiles

SsangYong Motor’s sales dip 7% in May

  • PUBLISHED :June 01, 2017 - 15:15
  • UPDATED :June 01, 2017 - 15:15
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[THE INVESTOR] SsangYong Motor said on June 1 that its May sales fell 7 percent last month due to slowing overseas demand.

The Korean unit of Indian carmaker Mahindra & Mahindra sold a total of 12,349 vehicles in May, down from 13,282 units a year earlier, SsangYong said in a statement.

Domestic sales rose 11 percent to 10,238 units last month from 9,191 units a year earlier. But exports plunged 48 percent to 2,111 autos from 4,091 during the same period, the statement said.

In the January-May period, the maker of the Rexton and Tivoli SUVs sold a combined 57,648, down 4.6 percent year-on-year from 60,410 in the year-earlier period, it said.

By Alex Lee and newswires (alexlee@heraldcorp.com)

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