Ssangyong Motor Co, a South Korean unit of
China's biggest
auto maker SAIC Motor Corp, expects vehicle sales to rise 3.8
percent this year, helped by a new luxury car in the domestic
market.
Ssangyong forecasts to sell 141,800 units this year, compared
with the 136,581 it sold in 2007, the auto maker said in a
regulatory filing yesterday. It's targeting annual revenue of 3.5
trillion won (US$3.7 billion), 12 percent more than a year
earlier.
(Shanghai Daily January 4, 2008)
