Ssangyong Motor

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Title SsangYong Motor sells 8,950 vehicles in September, posting a monthly increase of 22.6 percent
Date 2008-10-01

- Domestic sales and exports (including CKDs) post a monthly increase of 24.8 percent and 21.2 percent, respectively, in September
- The “Chairman W,” “New Kyron,” and “Actyon Sports” lead the increase in domestic sales, and the company’s exports enjoy a monthly increase of 21.2 percent and a year-on-year increase of 5.4 percent

SsangYong Motor (CEO and President Hyung-Tak Choi;www.kg-mobility.com) announced on October 1 that it sold a total of 8,950 vehicles in September, including 3,501 domestically sold units and 5,449 exported units (including CKDs), and posted an increase of 22.6 percent from the previous month.

Domestic sales rose by 24.8 percent from the previous month. The company sold a total of 10,847 vehicles from January to the end of September in the large passenger vehicle market, which includes the “Chairman W” and “Chairman H.” The company’s large passenger vehicles enjoyed a high level of sales, posting a year-on-year increase of a whopping 44 percent. In particular, the “Chairman W” recorded a sharp monthly increase in sales of 46.7 percent, thanks to the addition of the 3.2 model. The “New Kyron,” which was made available on a home shopping channel, witnessed an increase in sales by 56.6 percent from the previous month, and the “Actyon Sports” enjoyed a monthly rise of 52.3 percent. SsangYong Motor said that the “Chairman W,” “New Kyron,” and “Actyon Sports” led the increase in domestic sales.

SsangYong Motor exported 5,449 vehicles (including CKDs), posting a monthly increase of 21.2 percent and a year-on-year increase of 5.4 percent. By model, a total of 1,460 units of the “Actyon Sports” were sold, recording a monthly rise of 95.4 percent and a year-on-year rise of 127.4 percent. The “Actyon Sports” led the increase in exports. The “New Kyron” (1,512 units), “Actyon” (628 units), and “New Rodius” (113 units) also enjoyed a monthly increase of 16.5, 3.1, and 27 percent, respectively.

SsangYong Motor President Hyung-Tak Choi said, “External business environment is still not positive, but we will continue to increase sales through unique marketing and aggressive exports strategies, with the Chairman models taking a leading role.”

 

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