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THE INVESTOR
September 25, 2018
Big Reunion

Automobiles

SsangYong Motor to launch new SUV next week

  • PUBLISHED :January 02, 2018 - 14:22
  • UPDATED :January 02, 2018 - 14:22
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[THE INVESTOR] 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 (alexlee@heraldcorp.com)

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