SsangYong Motor’s global sales up 14.5% in June 2016

The Mahindra Group-owned Ssangyong Motor recorded global sales of 14,167 units in June 2016 – 9,750 units in domestic sales and 4,417 in exports including CKD kits.

The company achieved its highest-ever monthly sales in 2016, up 14.5% from a year earlier, helped by robust sales of Tivoli brand models - Tivoli and Tivoli Air. The June sales of Tivoli brand models set a new monthly record of 8,065 units since its launch in January 2015. Its previous record was 7,788 units in April.

The Tivoli brand models passed the 100,000 mark in cumulative production on June 13, and its cumulative sales also surpassed 100,000 units in June with 104,445 units comprising of 72,990 units in domestic sales and 31,455 units in exports.

SsangYong’s domestic sales showed an upward trend for six consecutive months, up 15.8% compared to the same month last year thanks to the popularity of Tivoli brand models, which showed a rise of 57.3% YoY in sales.

The company’s exports had its best month ever as well with an increase of 11.8% over June 2015, exceeding 4,000 units for the third straight month in June.

Choi Johng-sik, CEO of SsangYong Motor Company, commented, “The Tivoli brand models, which set monthly sales record in June, have been leading our overall sales momentum,” adding, “We will actively respond to changes in market trends as well as customer needs based on diversified lineup including the upcoming gasoline-powered Tivoli Air.”