April 26, 2024

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[THE INVESTOR] SsangYong Motor said on Sept. 1 that its August sales fell 3.7 percent from a year earlier.

The Korean unit of Indian carmaker Mahindra & Mahindra sold 11,725 vehicles in August, down from 12,178 units a year earlier, the carmaker said in a statement.

Domestic sales rose 7.5 percent to 8,255 units last month from 7,676 units a year earlier. But exports plunged 23 percent to 3,470 cars from 4,502, the statement said.

In the January-August period, the maker of the Rexton and Tivoli SUVs sold a combined 93,483, down 6.1 percent on-year from 99,539, it said.

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