UPDATE 1-Ssangyong to cut SUV production for 6-wks

Newswire

(Adds production cut size, backgrounds, shares) SEOUL, May 20 (Reuters) - South Korean sport utility vehicle (SUV) maker Ssangyong Motor Co said on Tuesday it planned to cut its SUV production for six weeks as record-breaking oil prices have hit sales of the gas-guzzlers. Ssangyong, owned by China's SAIC Motor Corp , and the firm's labour the union have agreed to switch production from the current day-shift/night-shift system to just operate the night shift, Ssangyong said in a ...

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