Ssangyong Motor's auto sales plummet 82 pct in January

SEOUL, Feb. 2 (Yonhap) -- Ssangyong Motor Co., the South Korean unit of China's
Shanghai Automotive Industry Corp., said Monday its vehicle sales plunged 82
percent last month as consumers shied away from the potentially bankrupt
automaker.

Ssangyong, which applied for court receivership last month to avoid bankruptcy,
sold 1,644 units last month, the company said in a statement. Domestic sales
nosedived 77 percent to 1,149 units and exports plunged 88 percent to 495 units,
it said.
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