▪ Ssangyong sold 12,415 cars in November globally, up 21.5% year-on-year
▪ Its cumulative domestic sales record highest growth of 45.3% in auto industry thanks to robust sales of Tivoli
▪ Ssangyong will expand global sales with efficient production system
Ssangyong Motor (CEO Choi Johng-sik; www.smotor.com), part of the Mahindra Group, today announced that the company sold a total of 12,415 units in November 2015 – 9,062 units in domestic sales and 3,353 in exports.
Its November sales surged 21.5% from a year earlier, the highest year-on-year growth, largely resulting from the robust sales of the Tivoli.
The company’s cumulative sales from January to November 2015, recorded a 1.2% rise compared to the same period last year.
In the domestic market, its sales showed an upward trend with the highest growth among the automotive manufacturers. Its domestic sales in November jumped 56.1% from the previous year, and 45.3% on an accumulated basis compared to the same period last year.
Especially, the Tivoli, which set a monthly sales record in October, has led the sales momentum. Its domestic sales during January to November almost reached 40,000 units, and this is the highest yearly sales record of the company’s single model since 2002 when the Rexton sold 43,134 units.
Ssangyong’s year-to-date exports through November plunged 38.6% over the last year, even though its exports to the European market rose by 70% year-on-year thanks to the successful launches of the Tivoli diesel and 4WD Tivoli.
Choi Johng-sik, CEO of Ssangyong Motor, commented, “The Tivoli becomes No.1 small SUV brand, showing continuous uptrend in sales,” adding, “We will continue to lead the small SUV market with the Tivoli, and expand our global sales with the efficient production system.”