SsangYong Motors
- Automobile
3 firms submit bids for SsangYong Motor acquisition
Seoul: Three firms have submitted their bids to acquire the debt-ridden automaker SsangYong Motor Co, sources here said on Monday, after a previous sales deal with a local electric vehicle maker fell…
- Automobile
Court approves $240 mn acquisition of Mahindra’s SsangYong Motor
Seoul: A Seoul court on Monday approved a local consortium’s acquisition of Mahindra & Mahindra-owned SsangYong Motor by Edison Motors for $254 million, paving the way for the financially-troubled carmaker to get…
- Automobile
Cash-strapped SsangYong to open bid for new buyer
Seoul: Cash-strapped carmaker SsangYong Motor Co plans to receive acquisition proposals through mid-September, as a two-way race between two local investors is expected, industry sources said on Sunday. The firm plans to…
- Automobile
SsangYong Motor to sell plant site in rehabilitation efforts
Seoul: SsangYong Motor, a debt-ridden automaker, has decided to sell the site of its plant in Pyeongtaek as part of self-rescue efforts, the local government said on Saturday. The company has been…
