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THE INVESTOR]
SsangYong Motor said on Aug. 1 that its July sales fell 11 percent from a year earlier.
The Korean unit of Indian carmaker Mahindra & Mahindra sold 11,413 vehicles in July, down from 12,784 units a year earlier, the carmaker said in a statement.
Domestic sales rose 15 percent to 8,658 units last month from 7,546 units a year earlier. But exports plunged 47 percent to 2,755 cars from 5,238, the statement said.
In the January-July period, the maker of the Rexton and Tivoli SUVs sold a combined 81,758, down 6.4 percent on-year from 87,361, it said.
By Alex Lee and newswires (
alexlee@heraldcorp.com)