Ssangyong Motor Records Highest 2016 Monthly Sales in April 2016

Ssangyong Motor Records Highest 2016 Monthly Sales in April 2016

  • Ssangyong sets sales record in both domestic and export market,boosted by Tivoli brand models’ record-high monthly sales since their launches
  • With sales uptrend for fourth straight month, Tivoli Air leads sales growth along with Tivoli
  • Ssangyong to sell Tivoli Air, its new growth engine, from May globally

Seoul, S. Korea, May 2, 2016:Ssangyong Motor (CEO Choi Johng-sik; www.smotor.com), part of the Mahindra Group, today announced that the company sold a total of 13,462units in April 2016–9,133units in domestic sales and4,329 in exports.

Ssangyong posted best-ever 2016 monthly sales in both of domestic and overseas market, up 7.4% compared to the same month last year. It was attributed to Tivoli brand models -Tivoli and Tivoli Air (Export name : XLV)-which also recorded the highest-ever monthly sales to 7,788 units since their launches.

Thanks to the strong sales of Tivoli brand models globally which jumped 35.% year-on-year, the company’s sales has been increasing for four consecutive months this year.

In the domestic market, its sales surged 12.3% from a year earlier by exceeding 9,000 units for the second straight month helped by Tivoli Air which increased 62.8% from the previous month to 2,342 units.

The sales of Tivoli brand models jumped 57.2% on on-year to 5,375year units, breaking the previous highest units,monthly sales of 5,237 units set in October especially driven by Tivoli Air which enjoys huge 2015 SUV market.

Ssangyong’s exports also jumped a month ago% with a sales upstram for four month in a row, recovering to 4,000 unit level in 11 months since May 2015 when the company exported 4,299 unit However Compared to April 2015, the sales slightly declined 1.6 % due to reduced demands in the emergine market

As the export growth of Tivoli brand models recorded 103.4% from January 2016 to April 2016 compared to the same period last year, and the Tivoli Air will start to be sold abroad in earnest from May, the company’s exports are expected to consistently improve.

Choi Johng-sik, CEO of Ssangyong Motor, commented, “As Tivoli Air is enjoying huge popularity along with No. 1 compact SUV Tivoli, the Tivoli brand models recorded the highest monthly sales figure since their launches,” adding, “We will increase global sales continuously by entering diverse overseas market based on Tivoli brand models, our new growth engine.”

Sales Record Table of April 2016

 

 

Model

 

Apr-16

 

Mar-16

Month-on-

Month

(%)

 

Apr-15

 

Year-on-Year

(%)

Cumulative( ~Apr.)

Year-on-

Year

(%)

Yr'16

Yr'15

Domestic

Passenger

Car

Chairman W

103

126

-18.3

123

-16.3

376

443

-15.1

SUV

Tivoli

5,375

4,797

12.0

3,420

57.2

16,768

11,457

46.4

Korando C

740

843

-12.2

1,489

-50.3

3,235

5,955

-45.7

Rexton W

444

473

-6.1

491

-9.6

1,622

1,588

2.1

Korando Sports

2,001

2,312

-13.5

2,051

-2.4

7,948

8,059

-1.4

Total

8,560

8,425

1.6

7,451

14.9

29,573

27,059

9.3

MPV

Korando Turismo

470

518

-9.3

556

-15.5

1,806

1,735

4.1

Total

9,133

9,069

0.7

8,130

12.3

31,755

29,237

8.6

Export

 

 

 

 

Completed

Car

Chairman W

1

2

-50.0

-

-

5

5

 

Tivoli

2,413

2,428

-0.6

2,327

3.7

8,374

4,116

103.4

Korando

264

398

-33.7

597

-55.8

2,040

5,196

-60.7

Rexton W

673

299

125.1

286

135.3

1,598

1,419

12.6

Actyon

-

5

-100.0

-

-

5

202

-97.5

Actyon Sports

683

639

6.9

766

-10.8

2,382

3,700

-35.6

Rodius

295

170

73.5

425

-30.6

969

1,421

-31.8

Total

4,329

3,941

9.8

4,401

-1.6

15,373

16,059

-4.3

CKD

-

-

-

-

-

-

150

-100.0

Total

4,329

3,941

9.8

4,401

-1.6

15,373

16,209

-5.2

* Korando is an export name of Korando C.

Actyon Sports is an export name of Korando Sports.

* Rodius is an export name of Korando Turismo.

* Sales of Tivoli brand models

- March sales = Domestic sales of 4,797 units (Tivoli 3,358 + Tivoli Air 1,439) + Exports of 2,428 units (Tivoli 1,279 + Tivoli Air 1,149)

- April sales = Domestic sales of 5,375 units (Tivoli 3,033 + Tivoli Air 2,342) + Exports of 2,413 units (Tivoli 1,761 + Tivoli Air 652)

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