SsangYong's April sales declined 46.4 percent over the same month last year due to the production setback resulting from the coronavirus-related demand and supplyissues in the global auto industry.
Although the company has made an effort to minimize the production risk, its assembly-lines had to be halted in rotation dueto the supply shortage of overseas auto-parts.
In the domestic market, its sales decreased 41.4 percent over the same month last year due to shrinking market demandin addition to the production halt.
SsangYong's April exports also dropped 67.4 percent due to local sales halt as a result of the lockdown amid the coronavirus pandemic that spread across
In addition, SsangYong has already concluded this year's labor-management collective wage agreement without dispute before other automakers just begin preparing for the negotiation. Based on the stable labor- management relationship, the company stressed that it will flexibly respond to market demand after the coronavirus pandemic ends.
See more at: https://www.mahindra.com/news-room/press-release/ssang-yong-motor-global-sales-record-6813-units-in-april-2020
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