SEOUL, Oct. 18 (Korea Bizwire) — SsangYong Motor Co., the South Korean unit of Indian carmaker Mahindra & Mahindra Ltd., said Friday its net losses widened in the third quarter from a year earlier on weak sales. Net losses for the July-September quarter deepened to 107.9 billion won (US$92 million) from 18.2 billion won a [...]
SEOUL, Dec. 22 (Korea Bizwire) — SsangYong Motor Co. said Friday it will resume exporting its vehicles to Sudan after eight years as the United States has lifted sanctions on the African country. SsangYong Motor plans to ship 2,400 units of models such as the Korando Sport sport-utility vehicle and the Korando Turismo van to [...]
SEOUL, Sept. 2 (Korea Bizwire) – Ssangyong Motor, the local unit of Indian auto conglomerate Mahindra & Mahindra, has announced that it sold a total of 10,771 vehicles in August, including 7,517 units in the domestic market. The automaker said on September 1 that its sales increased 10.3 percent over the same month of the [...]
SEOUL, Dec. 10 (Korea Bizwire) – A photo of a vehicle thought to be Ssangyong Motor’s new Tivoli compact SUV is making rounds on the Internet. The Tivoli will be officially rolled out in mid-January next year. On December 9, on an online bulletin for auto-lovers, a photo of the rear of an SUV that clearly [...]