Ssangyong Motors witnesses record growth in October 2013

Modified On Nov 08, 2013 01:22 PM By CarDekho for Mahindra Ssangyong Rexton

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Ssangyong Motors, a direct subsidiary of Mahindra Group, issued an statement today stating that company has recorded its highest ever monthly sales since 2005. It further added that the compant sold 14,244 vehicles globally in which 6,202 units were sold at domestic front while the remaining 8,042 units were exported.

Ssangyong Rexton The sales rate in the month of October saw a rise by 27.1% than the previous year and 22.1% on an acculumated basis. Korando C played the major role in this immense growth as its 5,997 units were sold. It is highest ever montly sales of this vehicle, since its inception in 2010. Ssangyong began to sell this model worldwide by the introduction of New Korando C in August this year. Additionally, the company witnessed record monthly production volume of 14,786 units this year because of the extra work carried out on days as well as weekends in order to hike the supply graph. This was reduced back to normal and rapid sales of facelifted models also helped it.
Ssangyong's domestic sales created a new milestone by recording the highest ever growth in 7 years since december 2006 at 6,534 units. It happened as sales of every model increased which also includes the Korando family brand models. It received a immense rise by 48.2% over the same month last year.

The company also created history by selling out a total of 8,042 units, which is inclusive of the 3,960 shipping units of the new Korando C, in CBU exports. It was sold globally in earnest and it also saw a rise by 14.5% year-by-year.

Ssangyong firmly belives that this sales growth will increase further as the New Korando C is awaiting its launch in several overseas markets like Europe followed By China. The company is working hard to expand production volume so that vehicles can be supplied timely and tidely to the customers.

Lee Yoo-il, CEO, Ssangyong Motor, spoke on this wonderful occasion and said, " “We achieved the highest ever monthly sales in October since 2005 as well as profits for two consecutive quarters backed by sales increase.” He further added by saying that such sales growth will accelerate as the New Korando C has been receiving an overwhelming response from the global market.