SsangYong Motor said on Jan. 2 it will launch a new sport utility vehicle next week to take advantage of rising consumer demand.
The 2.2-liter diesel-powered Rexton Sports SUV will go on sale in the domestic market on Jan. 9, with a price tag of 23.5 million (US$22,000) to 30.9 million won, SsangYong Motor said in a statement.
The all-new Rexton Sports shares the platform with the G4 Rexton SUV, a 2.2-liter diesel-powered flagship model launched last year.
In the January-November period of 2017, the maker of the Rexton and Tivoli SUVs sold a combined 129,477 cars, down 6.9 percent from 139,139 a year earlier.
Indian group Mahindra & Mahindra owns a 72.85-percent stake in SsangYong Motor.
Alex Lee and newswires (firstname.lastname@example.org