SsangyongMotor Records

SsangyongMotor, part of the US$15.9 billionMahindraGroup, recorded total sales of 11,948 vehicles in November 2012 4,404 vehicles in domestic sales and 7,544 in exports, including CKD.

Despite a sluggish global economy, Ssangyong s sales exceeded 10,000 vehicles for three consecutive months with an increase of 6.6% from the previous month and 33.2% from the same month last year.

The increased sales performance was possible thanks to diversification of overseas markets as well as the refreshed models, reflecting various customer needs, which resulted from an upward trend of the Korando C with manual transmission in domestic market and shipment of the Korando C with gasoline engine to China. The Korando C kept its sales momentum with sales of 5,289 vehicles, exceeding monthly sales of more than 5,000 vehicles for two consecutive months from October. The Korando Sports and Rexton W also showed steady sales growth.

Domestic sales increased by 5.3% as compared to the previous month and by 49.1% as compared to the same month last year, to 4,404 vehicles, exceeding the 4,000 vehicle mark for three months in a row.

Ssangyong s exports stood at 7,544 vehicles with a 7.4%increase overOctober 2012, which was the highest sales record in 2012, and a 25.4% increase over November 2011, thanks to shipment of the gasoline-powered Korando C A/T model, which was launched in October 2012, to overseas markets.

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