MUMBAI: Ssangyong Motor Co, part of the Mahindra & Mahindra Group, has targeted on the expansion of vehicle sales and revenue by a third in 2013 by launching three new platforms and four new products.
According to a statement given by Ssangyong Motor said that it aimed to sell 160,000 vehicles in 2013, compared with a 2011 target of 120,000 units. The SUV maker also said it targeted revenue of 4 trillion won ($3.5 billion) in 2013, from a projected 3 trillion won for this year.Pawan Goenka President and CEO Lee Yoo-il, on Tuesday jointly launched the new version of Ssangyong which has values and business strategy for five years, in the presence of some 3,300 executives and employees. This is achieved through the development of competitive products, increasing global market share, achieving cost leadership, develop next generation technologies and maximize synergies. "The goal we have set can be a challenge, but given the tenacity and determination Ssangyong team, I'm sure we're going to do," said Yoo-il.Vcommindia News
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