Ssangyong Motor's sales slip 7.4% in July

Ssangyong Motor Co., the South Korean unit of China's Shanghai Automotive Industry Corp., said Friday that its vehicle sales fell 7.4 percent in July from a year earlier to 10,069 units.

During the last month, domestic sales plunged 24 percent to 4,409 units, while exports gained 11.7 percent to 5,660 units, the company said in a statement.