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Ssangyong Motor sales up 28.5 pct in July
SEOUL, Aug. 1 (Yonhap) -- Ssangyong Motor Co., the local unit of Indian sports utility vehicle maker Mahindra & Mahindra Ltd., said Thursday that its sales jumped 28.5 percent in July from a year earlier on strong sales at home and abroad.

   Ssangyong Motor sold 12,536 vehicles last month, compared with 9,756 units a year earlier, the company said in a regulatory filing.

   The figures included shipments of complete knockdown kits of parts and components to be assembled into vehicles.

   Domestic sales surged 38.5 percent on-year to 5,768 units in July in the highest monthly sales this year, while its overseas sales gained 21 percent to 6,768 units.

   In the first seven months of the year, the carmaker sold 81,996 units at home and abroad, up 23.5 percent from the same period a year earlier.

   The carmaker attributed strong domestic sales to its latest successful launch of the Korando Turismo, a diesel-powered multi-leisure vehicle.

   Ssangyong Motor unveiled the 11-seater in South Korea in February and said it plans to sell 10,000 units at home and 10,000 units abroad this year.

   The monthly report came a week after the carmaker reached a wage deal with its union without a strike.

   The carmaker set this year's sales target at 149,300 units, compared with 120,717 units sold a year earlier.