07 January 2025

KG Mobility Global Sales : 2024










KG Mobility or Ssangyong as it was formally known delivered 109,424 vehicles in 2024. That's 5.7% down on the corresponding period of 2023. Things showed signs of picking up late in the year. The company gained a new owner in 2022, the KG Group so what the direction is from here will be interesting.

There have been some issues with the new name as other entities have objected to its use, being an acronym the same as or close to ones already in use. Maybe Ssangyong will have to be reintroduced.

The model names used for various cars is confusing, the same name being partly used with other models over its history. The Torres (introduced in 2022) is the top selling model for the second consecutive year despite sales being down 20%. 

Rexton Sport pick up is next, followed by the Tivoli small SUV. It came in two wheelbase lengths but the longer version was phased out this year. The Rexton SUV lost some ground and now accounts for just 8.4% of total sales. The new Actyon SUV has arrived (picture below) and hopefully will add impetus to deliveries. 

There was a move to electrify two models but not shown separately here. The Korando EV was introduced in 2021 but after little success was dropped in 2023. The Torres EV came along in late 2023 and for this year made up an impressive 41% of the model's deliveries. 

Regionally, KGM only differentiates between domestic and export deliveries. In 2024, exports grew 18% to 57% of all sales, impressive as they were just 18% of the total in 2020. Domestic deliveries dropped 25.7% to 43%.

Data and pictures : KGM. Updated 11/03/2025.

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