Category: Mahindra

Mahindra and Mahindra feeling the pressure in UV segment

Mahindra and Mahindra is recognized for its powerful line up of Utility Vehicles (UV’s), other firms are now exploring the UV segment to create stiff competition with Mahindra and also to cater to the sporty car craze population. For around two years, the UV segment has hit sharp profit sale volumes for the company with 61 percent of total revenues. Its tractor business added 39%, according to Goenka a top company official majority of revenues are contributed by the UV and tractor business.

Mahindra Verito Vibe launched in india

Mahindra has however not been too lucky with its sale outcomes in the UV segment, and has noted a sale decline of 27.5% compared to the sales encountered last August. The most interesting part is the company has faced its first ever UV sale dip in thirty five months. On the undesirable sale outcomes, Goenka said, ‘’if the same question was asked 3 to 4 months back,  the response would have been on a more positive angle on auto division scenario, and is particularly concerned about the outcomes in tractor segment. This is opposite to our frequent admirable profits; we are not banking on auto sale revivals in the near future.

There is a silver lining as well, Mahindra all time potent SUV, Scorpio has overtaken the highly urbane and polished Renault Duster, and has even damaged the best selling tag of the car. This is indeed startling since Duster has all the attributes of a modernized SUV to meet the desires of today’s generation, the Scorpio sports a rugged and aggressive appeal which is more apt for off-terrain segments.

The rise in diesel costs is a dominant sale hindering factor for Mahindra, since more than 98 percent of the company’s vehicles operate on diesel, Mahindra’s auto rivals such as Maruti Suzuki, Hyundai and so on are keen to release around 15 to 17 fresh products, within 3 years. These firms have strong passenger car base which contributes around 20% of total sales.

According to Mohit Arora, the Executive Director, JD Power, ‘’most companies have cars in areas where Mahindra has generated impressive sales; the drastic increase in competition will result in certain amount of stress factors to Mahindra’s sale portfolio. ‘’

Sources claim that Mahindra is on the move to built new cars, the company has a robust UV scheme for the future with around 12 to 15 new launches within 2020 and will invest Rs 500 to 800 crore in product expansion department. Out of its enormous range of fresh models, 6 to 7 is expected to be new launches, which will include and new SUV to cater to small car consumers.

For some interesting facts, in the past 3 years, Mahindra recorded a whopping 160% growth in its UV segment, Scorpio and Bolero accounted for around 50 to 60 percent of total revenues.

Mahindra is indeed feeling the pressure in UV segment, with Maruti Suzuki working on XA Alpha SUV and Hyundai on a compact mini SUV. Mahindra has built its UV’s with cutting edge techniques; one example is the monocoque chassis in XUV500. The fact that the Scorpio has overdriven the remarkable profit image of Duster is one strong fact that Mahindra will always rule the UV segment.

Mahindra & Mahindra brings in the Scorpio Special Edition

Just a few days back, it was reported that Mahindra & Mahindra has teased a Special Edition Scorpio on its Facebook page and the company said that this model is soon to be launched. According to the teased images, the Mahindra Scorpio Special Edition seemed to be the same as that of the special edition model that went on sale back in the year 2010. This has now been confirmed yesterday, as the company fully reveals the previously partially veiled model.

Mahindra Scorpio Special Edition teaser

Thus, the Indian utility vehicle manufacturer has re-launched an old special edition Scorpio in order to pump up the sales on the onset of the Indian festive season. It is already known that Mahindra & Mahindra has announced that it has no plans to launch new cars until the fiscal 2016. Till then, the Indian auto major will just concentrate on the enhancements and refreshments of its existing models.

As far as the limited edition Mahindra Scorpio is concerned, the company has revealed that the model will be available in only 500 units this time as against the year 2010 edition, when the model was released in a limited 1,000 units. Mahindra & Mahindra has also invited the prospective buyers to submit their details on its official website and the company will reveal all details to its customers, however it has not revealed its price officially.

As we already mentioned earlier, that this model will have all the additional features intact that were first unveiled in the 2010 limited edition, the same is being confirmed now. The limited edition Scorpio will flaunt dual tone leather upholstery in a combination of tan and beige, a leather wrapped steering wheel as well as gear knob, a glassed wooden finished centre console along with roof mounted DVD player that comes with a 9 inch screen.

As for its exterior, the Scorpio gets some exclusive with chrome finished alloy wheels, checkered flag decals on the front bumper and the sides, while at its rear it flaunts a Special Edition logo.

Under the hood the limited edition Mahindra Scorpio will have the same tried and tested 2.2 liter mHawk diesel motor that has the capability to churn out a max power of 120bhp and peak torque of 290Nm. The engine is coupled with a 5 speed manual transmission gearbox.

Mahindra & Mahindra is also gearing up to launch the refreshed Scorpio which is expected early next year and is now going through road testing procedure. The Mahindra Scorpio is a very old but strong contender. With the rival companies bringing in tons of new popular SUVs such as the Renault Duster and the Ford EcoSport, Mahindra has to take some major step to keep Scorpio’s position intact in the market. The Scorpio however, is still going strong and has also overtaken the Duster’s sales in August proving that it is an all time favorite.

Until the new Scorpio facelift hits the market, the Special Edition is for those Scorpio lovers who want to flaunt a little extra this festive season.

Mahindra Finance and Woori Financial Group to provide financial solutions to Ssangyong Motors

Woori Financials a subsidiary of Korean Woori Financial Group has agreed for a MoU with the reputed Mahindra & Mahindra Financial Service Limited to form a three party agreement with Ssangyong Motor’s a Korean auto firm. Mahindra and Mahindra enjoy a major stake with Ssangyong Motors.

Ssangyong Korando C

The partnership deal of Mahindra Finance and Woori Financials is $16.2 billion this forms the Mahindra group, and the parties will work to provide attractive financial solution options to the regular customers of the established Ssangyong Motor. Mahindra group zeroed in on Woori Financials for auto finance operations in Korean markets. The main reason is to elevate the financial status of the Korean auto firm to a whole new level, and also target larger customer volumes.

Woori Financial Group is financial and banking services holding firm situated in Seoul and this is known to be the biggest bank located in South Korean markets. The company has a history of ground breaking reputation in finance department and was first established in the year 2001 with a merge of around four of its existing commercial banks and also an investment bank. Woori Financials is a premium institution that is keen to offer effective finance solutions to Ssangyong Motors. Some of its financial strengths are consumer centric interest rates, decent cash flow outcomes, and attractive sale policies. These factors will contribute to strong financial operations.

Mahindra Finance has a robust financial structure of $ five billion, the firm has joint partnered with the esteemed financial service firm in US called De Lage Landen Financial Service, and has also merged with the subsidiary of Rabo bank to provide financial solutions to tractors.

This is a profitable move of Mahindra Finance and Woori Financial Group to provide quality financial solutions to SsangYong Motors, since the Koran auto firm has generated amazing profits for the 2013 August month with an overall profit sale increase of 27.1% against the results obtained same period last year.

SsangYong Motors released around 11,610 products on the whole, and around 5,158 products were rolled out in the domestic segment, and 6,453 products in export section. This is an admirable increase compared to 9,136 pieces released last year. The company has formulated an excellent design and engineering formula which is evident from its incredible sale portfolio for the initial eight months of this year with an increase of 23.9% with 93,606 products compared to the cumulative sales noted last year. The demand for Ssangyong vehicles is massive to an extent that the company has to increase its production outcomes.

The company recorded significant profit volumes in export segment as well at 18.8% compared to the figures noted last August, due to marvelous product flow in Russia.

Taking into account the remarkable sale record of Ssangyong Motors, one can imagine the financial status of the company when financed by Mahindra Finance and Woori Financials. Few years from now Ssangyong Motors might rock the profit sale market in domestic and global segments.

Ssangyong Motors since inception has generated incredible assembly line of luxuries and efficient vehicles, and it would be interesting to observe the company’s new launches after signing agreement with Mahindra Finance and Woori Financials.

Mahindra & Mahindra teases the Special Edition Scorpio

The leading utility vehicle manufacturer of India, Mahindra & Mahindra has posted an image teaser of the Special Edition of Scorpio on its Facebook page. The FB post from the Indian auto giant also lets the car enthusiasts know that the new special edition model will be coming soon to the Indian domestic car market along with some upgraded, premium features. The image teaser shows the stunning Scorpio with a satin veil over it only exposing the front side of the car. According to the picture, nothing actually new can be ascertained, but maybe that’s because the new model’s features are under the veil or the new features are mostly on the inside of the car and not the exterior.

Mahindra Scorpio Special Edition teaser

Another possibility is that, back in the year 2010, Mahindra & Mahindra had unveiled a Scorpio Special Edition at the Delhi Auto Expo and the company may as very well re-launch this very same special edition for the upcoming festive season. As far as the teaser image is concerned, the front fascia of the Scorpio shows flag body graphics just above the fog lamp, then there is blackened scuff plate and the chrome finished alloy wheels that all match the features that came packed in the 2010’s special edition of the Scorpio.

Though Mahindra is not really expected to repeat the same special edition model exactly to the last detail, just in case the company does so, then we know what is actually coming our way. If all the features are intact from the 2010’s special edition model, then the Scorpio will be decked up with such checkered flag body graphics on the sides of the car as well. The car will also get the Special Edition logo on the tailgate apart from the same exterior features that are shown in the teaser image.

As far as the interiors of the 2010 special edition Scorpio is concerned, the car featured very classy leather upholstery and a fully leather wrapped steering wheel. Also as the special edition models are always based on the topmost model trim, the Scorpio special edition will come fully loaded from top to bottom along with an expected roof mounted DVD player as well.

Moreover, special edition models are limited in units and the 2010 special edition version of the Scorpio had an actual limited production of just 1,000 units. This time around also the special edition model variant, with or without the same features as the previous one, is expected to be sold in similar numbers.

The Scorpio is an aged but still strong going contender from the house of Mahindra. This stylish and tough build all time favorite SUV has again shown its magic by outselling the recently popular Renault Duster in the sales chart for August, 2013. Mahindra & Mahindra is also coming up with an all new Scorpio with complete redesigning in order to be better equipped and contemporary.

Post launch, the special edition Scorpio will make the most of the upcoming festive season and fetch higher volumes for Mahindra.

Mahindra Reva affected by the harsh depreciation of Indian rupee

The unfavorable market conditions in India have hindered most reputed auto firms from acquiring admirable profit outcomes. The esteemed auto firm, Mahindra Reva Electric Vehicles Private Limited has also suffered the consequences of weakening Indian rupee. The company has launched its electric car E20 this year, and to run electric vehicles, the running costs are higher than fuelled operated vehicles. Mahindra Reva has to actually sources imported components of batteries, computer chips and electric cars.

Mahindra Reva E2O

The depreciation of Indian rupee against US dollar has made importing components an expensive affair, analyzing the adverse macroeconomic scenario, a top company official Maini announced that the team would have to increase the production investments by around Rs 40,000. The rupee has declines at drastic levels compared to US which is close to 18% this year.

Mahindra Reva is working on new routes to drift past the weakening Indian currency, and will focus on strengthening exports with neighboring nations like Nepal and Europe by mid 2014 period.

The e20 is Mahindra’s first new launch after acquisition by Mahindra in 2010 May, according to Maini, Reva made some impressive profits with the car and sold around few 100 products since inception. Maini also said, electric cars might hit decent profits with practical regulation policies by the Government.

The launch of e20 has startled auto industries in India and overseas, the main aim behind the launch of the car is to push Mahindra Reva’s philosophy of sustainable livelihood, and to achieve that the car is built with a powerful lithium ion batteries that operates at power of 48V, with just fifteen minutes of charge, the car can travel as far as 25kms, and the best part is there is a dead charge that can cruise through another 10 kms.  The meaning behind the term e20 is interesting, e refers to solar energy, 2 imply potent technologies and o refers to oxygen.

Mahindra Reva has launched the e20 in March this year, and is built with state-of-the art technology and represents India’s progressive thinking in electric car technology. With the cutting-edge technologies and amazing sustainable abilities, the profit sale output figures are affected with the present critical market conditions in India which has worsened over the past few months. This has resulted in increased import costs, and the company has to now formulate effective export strategies to save its profit image.

The newly appointed Reserve Bank of India head Raghuram Rajan has announced strategies to support the weakening rupee by attracting more overseas revenues, and encouraging foreign deposits in Indian banks, and removing tight policies to establish Indian bank branches.

The Indian car economy has grown over the years, cars are built in all segments from hatchbacks to posh sedans, and now there are hybrid and electric cars. Let’s hope the market conditions in India improve to favor the development of powerful electric cars such as e20. If the plan of promoting overseas revenues comes to force, it might improve the economic scenario at macro level.

Let’s hope the market scenario in the future will be favorable to an extent that Mahindra and other reputed firms can have some world class electric car research centers.

Mahindra & Mahindra flags off the Spice Challenge today

The Indian utility vehicle leader, Mahindra & Mahindra has been providing a lot of exciting car rallies for the auto enthusiasts as well as its customers. Another such trilling rally has been kick started today, 6th of September, 2013 by Mahindra & Mahindra. Named as the Spice Challenge, the rally is organized by Mahindra is association with the leading tyre brand, JK Tyres, and the motorsport event has started off from Thiruvananthapuram.

Mahindra Great Escape

The Spice Challenge is a time, speed, distance rally, and it is in its third season in the current year. This adrenalin pumping motorsport event will witness participation from more than 40 cars from the house of Mahindra & Mahindra, which will make their way past a challenging route of over 500 kilometers in just two days time. The race will conclude in Kochi on Sunday. The Spice Challenge is part of the Challenge series of the Indian motorsport events which began back in the year 2011.

The driver as well as the navigator of each of the participating vehicles is supposed to keep a proper track of time in accordance with the distance covered by them. The Time, speed, distance (TSD) rallies are different than that of the extreme rallies and does not mandate special training. Thus, this type of motorsports event is thus a perfect opportunity to hit the roads and get the trilling experience of a race for a huge number of motor enthusiasts.

Starting from Thiruvananthapuram, the Spice Challenge will make its way all the way to Kochi through the tranquil backwaters of Alapuzha, the eye soothing green stretches of tea estates of Vagamon till the race ends at Kochi. Throughout the race, all the participants will not only experience the mentioned beautiful locals but also navigate through broad highways, B roads, some very rough and curvy roads. While travelling through the all these stretches of roads the participants will experience intermittent rains and get to view the spice gardens of the region in the backdrop.

When the day ends today, all the participants of the Spice Challenge race will rest in the houseboats at Alapuzha and gain energy for tomorrow’s starch of roads. Thus, as a whole this race is not only about thrill of racing a car but also about experiencing various kinds of exotic locals, weather and the taste of a wholesome tour.

Moreover, the Spice Challenge offers a big reward of Rs.5 lakhs to the winning team. This event is being organized to be participated only for the Mahindra customers and the race is approved by the Federation of Motor Sports Clubs of India.

Such type of motorsports event is a very unique way to appreciate, engage and encourage the car owners of a company and is thus recently very popular.

Through various kinds of racing events, Mahindra does not only engage and bond with its customers but also showcases the tough build and sheer power of the Mahindra Vehicles to its consumers. Thus, this is an ideal marketing strategy that involves the young and adventurous motor enthusiasts.

Mahindra Scorpio has overtaken the incredible profit status of Renault Duster for 2013 August

Mahindra and Mahindra is eminent for its popular line of Sport Utility Vehicles (SUV’s), the Scorpio SUV was first unveiled years ago, and since then became an extremely popular figure among the public. The car is built with a rugged and sporty build; other reputed firms such as Renault has also explored the SUV segment with the classy Duster, this car is manufactured with in tune with today’s demand, and molded into a shiny and urbane sculpt.

Mahindra Scorpio Vlx BS IV

Though the Duster has gained immense popularity, people seem to still prefer a conventional sporty car designs as observed with Scorpio, the car has ripped the dominant status of Duster and recorded higher sale profits for the August Period. The Duster was branded the best selling SUV till the August period.

Mahindra and Mahindra has released around 3,356 products of Scorpio for the August 2013 month which is admirably higher than 2,967 products of Duster. The Duster hit some amazing profits in the 2013 January to June period at 36,545 products compared to 32,867 products of Scorpio.

According to Pravin Shah, the Chief Executive in the automobile segment of Mahindra and Mahindra, ‘’ the Scorpio has maintained its strong sale trend, and has not received special importance. The Scorpio has continued to generate significant profits despite the adverse market conditions and increased excise duties; the car is appreciated for its reliability factor, style and performance’’.

Scorpio’s rugged and aggressive design is something which can never be forgotten, the car is a power player in terms of engine efficiency with a potent 2.2 liter mHawk mill with an exemplary displacement 2179cc displacement capacity. The technology used is Common Rail Direct Injection supply equipped with four valves in every cylinder. The dynamic engine is inserted with five speed transmission gearbox that operates manually. For a breathtakingly smooth drive experience there is an intercooler mill that provides efficient cooling. The engine release shockingly impressive efficiencies with 290Nm peak torque and 120bhp highest power. Scorpio is built with some ground breaking engineering technology that enables superb acceleration and pick up, the car can attain top speed at 100kilometers in only 15.6 seconds.

The robust and aggressively designed exteriors complement the premium interior décor which is abundantly spacious to accommodate many occupants. The cushions are tailored with a two tone Tan and Beige and Black theme, this certainly matches the feisty demeanor of the car. The other best-in-class fitments are automatic temperature control, air con with heating facilities, sun visor and world class music equipment.

The Scorpio is indeed built with state-of-the art features that make this a life remembering product. People would associate Scorpio with adventure, this is a wonderful recreational vehicle to enjoy a splendid adventurous holidays through lush green forests and rivers. There is something extremely interesting about the Scorpio’s design which emits recreational and relaxation vibes, which is the sole reason for the car to be extremely popular even years after launch.

Mahindra has been lucky with Scorpio since the car has recorded impressive profits even during the present unfavorable market scenario; it is incredible that the car has overtaken the marvelous profit status of Duster.

Mahindra goes ahead to invest Rs. 10,000 crore on capex and new cars

India’s leading utility vehicle maker Mahindra and Mahindra has announced of its plans to invest Rs. 10,000 crore on capex as well as new products in the coming 3 years’ time. Mahindra and Mahindra is also known to be looking out for new locations, including the land adjacent to the Chakan factory in Maharashtra in order to build its new manufacturing facility to roll out the new products. The Indian auto giant said that it and will take its final decision within the current financial year.

2014 Ssangyong Korando C front red color

The President of Automotive and Farm Equipment at Mahindra and Mahindra, Dr. Pawan Goenka told the media personal that the company is going to invest Rs. 10,000 crore, from which Rs. 7,500 crore will be invested on capex for automotive and farm equipment, while the rest of the Rs. 2,500 crore will be invested on the group companies.

As per the Indian auto maker, as a part of the capex, Mahindra is developing at least 2 to 3 entirely new platforms to bring in brand new cars that are expected to hit the car market by about the financial year of 2016.

Goenka added that the fresh products of the company will be produced at a completely new manufacturing facility and the location of this new manufacturing plant will be decided within the ongoing financial year.

Regarding the land for the new plant, Mahindra & Mahindra is still negotiating with the Maharashtra government. Previously, the Indian auto company had decided to restrict all the investment plans at its Chakan facility owing to the VAT refund concern with the Maharashtra State Government.

Goenka further have some insights on the new vehicles of Mahindra & Mahindra by saying that out of the two new car platforms, one’s development will be led by Mahindra and Mahindra and this new platform will also be used by the company’s Korean subsidiary Ssangyong to launch a new vehicle. The other platform will be developed by Ssangyong Motor and Mahindra and Mahindra will have built a new vehicle using that platform. Thus, the company’s will build and share both the new platforms.

Goenka also said that Mahindra & Mahindra is also developing an entire family of six new motors out of which 3 be developed by Mahindra alone and the other 3 will be developed by Ssangyong Motor. Mahindra is also known to be working on more compact engines that deliver higher power.

When question on the sales expectations of the company in the upcoming festive season of India Goenka told that Mahindra is expecting the sales to be much better than the months of July and August. However, Mahindra is expecting less sales boost in this festive season as compared to the previous year’s due to the severe market slowdown.

When asked about the product price hike by Mahindra, Goenka said that the company is not affected much by the declining rupee due to its high localized components and thus, Mahindra has no plans to increase the price tags of its car range.

Mahindra Scorpio facelift spotted in the form of test mule

There is some exciting news for ardent Scorpio fans, Mahindra and Mahindra is now working day and might on a new facelift Scorpio, the car will hit showrooms in the year 2014 or 2016. Mahindra is famous for its Sport Utility Vehicles (SUV’s), which have been a massive hit with sporty car enthusiasts. The Scorpio sports an aggressive and masculine design and is a symbol of excitement and is the perfect adventure vehicle, employed in many adventurous competitions.

Mahindra scorpio facelift testing sideview

Ardent car fans have caught spy images of the car, and some smart car fans who are probably familiar with studying test mules could identify that this is a facelift version of Scorpio. The current Scorpio has satisfied consumers, but there are some flaws in terms of leg space. This company is not likely to highlight the legroom issue in facelift version, but there will be modifications in suspension.

The car will be powered with two power packed engines, the 2.6 liter turbo diesel mill and 2.5 liter MI2DCR engine. The transmission options are five speed manual and six speed automatic gear box for the most loaded model. In India, the car will possess an all and rear wheel drive. For some interesting information, Mahindra has introduced a cab variant of Scorpio called Getaway.

Mahindra is recognized for its powerful assembly line of SUV’s for many years, and now most established car firms have explored this segment, some examples are Renault Duster, Nissan Terrano, and Ford EcoSport and so on. The company is working on a next gen Scorpio as well, but with more modifications compared to the forthcoming facelift. Mahindra aims to push its fortunes with facelift Scorpio in international and Indian markets. For some more interesting information, the Scorpio is a popular figure in South Africa and Egypt, and also the Pickup and Getaway has created an overwhelming public response in Australian markets.

It is a long wait for those excited with the launch of facelift Scorpio, the car portrays an amazing sporty build and is an amazing model for an amazing adventurous vacation through lush green forests and rivers. The Scorpio has the capacity to maneuver on off road terrains with ease contributed by the powerful Common Rail Direct Injection (CRDi) technology that maintains continuous fuel flow that leads to increased efficiency. There is also an intercooler power train that improves the mileage power and reduces vibrations when cruising on supersonic speeds and also renders a swift cooling effect. The amazing off-road capacity of Scorpio is due to its supreme acceleration power, where the car maneuvers at 156 kmpl in only 15.6 seconds.

The Scorpio facelift is indeed an exciting launch; this is an excellent initiative of Mahindra to introduce diversity with Scorpio to cater to wider customer choices. This is a worthy purchase for those keen on Scorpio facelift and with its larger leg room and for adventure buffs this is an ideal value for money car to enjoy an incredible adventure vacation with a group of family and friends for a price of Rs 7.8 to 12.6 lakhs.

Image Source: Team-Bhp

Mahindra’s Korean subsidiary Ssangyong Motor witnesses 27.1 percent sales growth in August

Multibillion dollar Indian industrial giant Mahindra Group’s Korean subsidiary SsangYong Motor has recorded another sales high in the month of August. SsangYong has reported a cumulative sales jump of 27.1 percent by selling a total of 11,610 vehicles in the month of August as compared against the same month in the preceding year. The Korean auto company witnessed the sale of 5,158 vehicles in its domestic market, while it exported 6,452 units that accounted for this great sales hike.

Ssanyong korando

SsangYong has also posted the highest monthly domestic sales of its Korando C in thremely popular Korando C received a facelift from the company recently and the new refreshed vehicle received total bookings of 4,000 units within 20 days of its launch.

The CEO of SsangYong Motor, Lee Yoo-il has happily announced of the company’s sale of total 11,610 units in the month of August this year. This constantly upward sales growth is credited primarily to the company’s very capable and success Korando brand range. The company said that it will try to increase the production of the Korando family in order to deliver the vehicles on time despite the fewer working days at its car factory due to the summer vacation schedule.

SsangYong Motor has recorded the highest growth in its domestic car market, where the company has attained the highest spot among all the Korean automakers in the first half of 2013. SsangYong has sold more than 5,000 vehicles for 5 continuous months owing to the boost in sales because of the newly launched New Korando C. This has accounted for a sales jump of 39.2 percent as compared against the sales rates of the last year.

In particular the new facelifted Korando C has received an outstanding response in the domestic car market, where it is selling like hot cakes. This vehicle sold 1,799 units in the month of August that accounted for the highest monthly sales ever in the current year, and it is expected to continue the trend in future as well.

SsangYong Motor also recorded a hike in exports by 18.8 as compared against the exports in the same month last year. This increased export has been possible due to the sales jump in the Russian car market, though the company gives priority to meet the demand in the increased demand in its domestic car market.

SsangYong is working towards keeping the production capacity of the new Korando C stable in spite of the summer vacation schedule in the company’s plant, and also trying to increase it after resuming the usual two-shift work at the plant post vacation.  SsangYong is trying hard to increase deliveries and reduce the back log, though the backlogs for the SUV are still there. Thus, the company is more hopeful about the increased sales of the Korando C, once the production is back on track after the summer vacation is over.

SsangYong will also expand its global sales by introducing this very popular New Korando C in the other car markets such as China and Europe.