KGM deliveries were up 4.1% YTD for Q1. Formerly SsangYong, it battles along with a pick up truck (Musso) and a range of SUVs. A series of owners have been unable to lift the brand to another level in terms of size.
In 2023, KGM made its first profit in 16 years. In 2026, the profit was $US24 million or an 8.4% margin. There was also a high percentage of exports (63.6%) so are exports more profitable?
KGM provided the data and the photos. They are of the Musso and Torres.
The Musso has 40.3% of the total deliveries, up from 27.4% for the full 2025 calendar year. Not surprisingly, all other models have lost some share to varying degrees.
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