Ssangyong Posts Record Sales

      February 21, 2014 12:17

      Ssangyong has posted record sales of W3.48 trillion in 2013, up around 21 percent from the previous year and continuing four years of rises, the SUV maker said Thursday (US$1=W1,075).

      But it still posted an operating loss of W8.9 billion and net loss of W2.4 billion.

      A Ssangyong spokesman said labor relations have stabilized and the New Korando C and other new models sold well. He said operating losses have been shrinking for three years, leading to an "improved financial structure."

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