SEOUL, Aug 1 (Reuters) - Ssangyong Motor Co , a South Korean sport utility vehicle maker, said on Thursday its vehicle sales in July rose 25.1 percent year on year to 10,257 units.
The automaker attributed in a statement the rise to government tax cuts last year on automobile purchases and continued demand for sport utility vehicles.
U.S.-German automaker DaimlerChrysler AG holds a 1.2 percent stake in Ssangyong, which creditors rescued from collapse last year.