Ssangyong Motor's 2008 sales plunge 29.6 pct

SEOUL, Jan. 2 (Yonhap) -- Ssangyong Motor Co., the South Korean unit of China's
Shanghai Automotive Industry Corp. (SAIC), said Friday its vehicle sales tumbled
29.6 percent in 2008 from a year earlier on weak exports.
Ssangyong Motor said in a regulatory filing that it sold 92,665 vehicles last
year, with domestic sales totaling 39,165 units and exports reaching 53,500
units.
In December, sales nosedived 53.5 percent annually to 5,540 units, the company
said.
ygkim@yna.co.kr
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