The Mahindra-owned carmaker sold 12,415 cars in November globally, up 21.5% year-on-year.
01 Dec 2015 | 2705 Views | By Autocar Professional Bureau
Ssangyong Motor, part of the Mahindra Group, 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.
The carmaker’s November sales surged 21.5% from a year earlier, the highest year-on-year growth, largely resulting from the robust ...
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Ssangyong Motor, part of the Mahindra Group, 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.
The carmaker’s 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, Ssangyong’s sales showed a steep rise as the sales in November jumped 56.1% from the previous year, and 45.3% on an accumulated basis compared to the same period last year.
Domestic sales of the carmakers’ flagship model, the Tivoli, during January to November almost reached 40,000 units, setting 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. We will continue to lead the small SUV market with the Tivoli, and expand our global sales with the efficient production system.”