April 19, 2024

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[THE INVESTOR] SsangYong Motor said on Dec. 22 it will resume exporting its vehicles to Sudan after eight years as the United States has lifted sanctions on the African country.

SsangYong Motor plans to ship 2,400 units of models such as the Korando Sport sport-utility vehicle and the Korando Turismo van to Sudan from February through 2019, the company said in a statement.

In October, the US lifted long-standing sanctions against Sudan, a move that has led multinational companies to resume halted or affected business operations in the African country.

SsangYong Motor also said it will make a foray into new markets in Africa and the Middle East next year to boost sales.

In the January-November period, the maker of the Rexton and Tivoli SUVs sold a combined 129,477 cars, down 6.9 percent from 139,139 a year earlier.

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