Ssangyong Motor

SEOUL, July 1 (Yonhap) -- SsangYong Motor Co. said Monday its sales fell 18 percent last month from a year earlier on weak demand for its models.

SsangYong Motor sold 10,159 vehicles in June, down from 12,434 units a year ago, due to weak sales of the Tivoli and G4 Rexton SUVs, the company said in a statement.

Domestic sales declined 15 percent to 8,219 units in June from 9,684 a year earlier. Exports also plunged 26 percent to 2,156 units from 2,894 during the same period, it said.

From January to June, its sales rose 1.9 percent to 68,189 autos from 66,948 units in the year-ago period, helped by robust sales of the Korando SUV, which was launched in January.

The SUV-focused carmaker's lineup also includes the flagship G4 Rexton, Tivoli, Korando C and Korando Turismo.

Indian carmaker Mahindra & Mahindra Ltd. owns a 72.85 percent stake in SsangYong Motor.

kyongae.choi@yna.co.kr
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