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SsangYong Motor Hit Monthly Record High Sales in June
Led by Tivoli
SsangYong Motor Hit Monthly Record High Sales in June
  • By Jung Min-hee
  • July 4, 2016, 01:00
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SsangYong Motor achieved its highest-ever monthly sales in June, up 14.5% from a year earlier, helped by robust sales of Tivoli and Tivoli Air (Export name: XLV).
SsangYong Motor achieved its highest-ever monthly sales in June, up 14.5% from a year earlier, helped by robust sales of Tivoli and Tivoli Air (Export name: XLV).

 

SsangYong Motor Company, part of the Mahindra Group, announced on July 2 that the company sold a total of 14,167 units in June – 9,750 units in domestic sales and 4,417 in exports including CKD kits.

The company achieved its highest-ever monthly sales in June, up 14.5% from a year earlier, helped by robust sales of Tivoli brand models - Tivoli and Tivoli Air (Export name: XLV).

The June sales of Tivoli 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 this year.

The Tivoli brand models surpassed the 100,000 mark in the 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 Motor’s domestic sales showed an upward trend for six consecutive months in June, up 15.8% compared to the same month of last year thanks to the popularity of Tivoli models, which showed a rise of 57.3% YoY in sales.

The company’s export had its best month ever as well in June with an increase of 11.8% from the same month of last year, exceeding 4,000 units for the third straight month.

SsangYong Motor pushes forward with marketing activities to expand its global sales by holding launch events of Tivoli Air locally, and plans to do in France followed by U.K.

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