Mahindra and Mahindra's (M&M) South Korean subsidiary SsangYong Motor has sold a total of 12,870 units in March 2015 - 7,719 units in domestic sales and 5,151 in exports. Ssangyong's monthly global sales recovered to the 12,000 level in three months since December 2014 (12,980 units) helped by the sales uptrend in the domestic market after the launch of the Tivoli, up 32.4% from the previous month. In the domestic market, its sales exceeded 7,000 vehicles, which was the best monthly sales since last December (8,261 units).
Ssangyong's exports in March jumped by 63.4% to 5,151 vehicles from a month ago, exceeding 5,000 in five months since last October (6,143 units) in line with the start of the Tivoli shipments to overseas market in earnest. The Tivoli, which just entered the global market with the shipments of 1,771 units in March, is exported to the European and Central & Southern American markets including Belgium, the UK, Spain, and Chile, and will be sold overseas from June.
Ssangyong Motor is planning to export 25,000 units of the Tivoli by the end of this year, and will expand its global sales through aggressive marketing activities, the diversification of overseas markets and entrance to the emerging markets
Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.
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