October 14, 2024

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[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 (ram@heraldcorp.com)