MG Im5 vs Ssangyong Korando

What's the difference?

VS
MG Im5
MG Im5

2026 price

Ssangyong Korando
Ssangyong Korando

$21,888 - $29,990

2023 price

Summary

2026 MG Im5
2023 Ssangyong Korando
Safety Rating

Engine Type
0.0L

Diesel Turbo 4, 1.6L
Fuel Type
Electric

Diesel
Fuel Efficiency
0.0L/100km (combined)

5.5L/100km (combined)
Seating
5

5
Dislikes
  • Awkward rear seating position
  • No physical spare wheel
  • Some over-zealous active safety

  • Multimedia system needs more polish
  • Still missing some features
  • Somewhat bland styling with white exterior colour
2026 MG Im5 Summary

Yep, it’s like deja vu all over again! Yet another fresh name in the Aussie new-car market, but this time in the form of a sub-brand from a carmaker that itself feels like it’s only been around for five minutes (but has in fact been in market here for a decade or more).

We’re testing the MG IM5 Performance, the IM badge standing alone in other markets. There, as here, signifying a new level of equipment, performance and quality.

And we’ve been steering this top-spec, dual-motor AWD version of the pure-electric, five-door liftback IM5, priced and specified to challenge a rapidly expanding group of high-performance mid-size EV sedans now occupying local showrooms.

 So, read on to see if this premium electric performer has what it takes to tempt you into a new option from the latest challenger brand to jump into the ever-intensifying, no-holds barred contest for your new-car dollars.

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2023 Ssangyong Korando Summary

It’s safe to say that SsangYong’s reintroduction to Australia back in late 2018 didn’t go as planned.

Since the relaunch, the world was plunged into an industry-disrupting pandemic and the brand has had to manage bankruptcy in its Korean home market.

But that has also created an opportunity, as big-name brands like Toyota, Mazda, Hyundai, Kia and Mitsubishi continue to push upmarket, it leaves price-sensitive customers with fewer and fewer options.

As a cut-price alternative alongside Chinese brands like MG, LDV and GWM Haval, SsangYong could very well carve out its niche as more Australians look to get into new wheels without breaking the bank.

And while the Musso ute and Rexton large SUV are the brand’s biggest sellers, it’s the Korando mid-size SUV that could make the biggest impact in turning SsangYong’s fortunes around as it competes in the booming mid-size SUV market.

So, does the SsangYong Korando have what it takes to steal sales away from big dogs like the Toyota RAV4 and Mazda CX-5? Or are you better off waiting months and months for a known quantity?

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Deep dive comparison

2026 MG Im5 2023 Ssangyong Korando

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