[THE INVESTOR] SsangYong Motor said on Jan. 28 it will launch an all-new sport utility vehicle in March to boost sales.
The carmaker has developed a midsize SUV under the project name C300 and has decided to name it Korando, the company said in a statement.
It released a set of teaser images of the new vehicle. The images emphasize the upcoming vehicle’s agile and aggressive body styling complemented by a low and wide stance.
Details of the new model will be gradually made available before the planned domestic launch, a company spokeswoman said.
In 2018, the maker of the flagship G4 Rexton and compact Tivoli SUVs sold 141,995 vehicles, down 1.2 percent from 143,685 a year earlier.
By Ram Garikipati and newswires (firstname.lastname@example.org)