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…
