Ruia Group Bids for SsangYong
11 Aug 2010, 13:56 UTC · By: Daniel Patrascu / For a company which back in 2009 was on the brink of total collapse, South Korean SsangYong is now enjoying an unexpected popularity among different Asian companies. The final date for submitting a ...
Mahindra Officially Goes after SsangYong
10 Aug 2010, 08:28 UTC · By: Daniel Patrascu / As the deadline for the submission of bids for SsangYong Motor has been reached (the deadline is August 10), the supervisory board of Indian manufacturer Mahindra & Mahindra approved the company...
SsangYong Super Rexton To Show Up in Paris
8 Aug 2010, 17:52 UTC · By: Daniel Patrascu / In 2009, South Korean manufacturer SsangYong faced perhaps the most troubling times of its history. Caught between bankruptcy and violent clashes with its workers, the carmaker seemed to be in a jam...
SsangYong Korando C First Pictures, to Debut in Paris
2 Jul 2010, 10:07 UTC · By: Bogdan Popa / South Korean car producer SsangYong is apparently on the right way to survive and, after managing to solve its disputes with employees and resolve the financial difficulties, it can now concentrate ...
Renault, Nissan and Samsung Join Forces to Buy SsangYong
9 Jun 2010, 09:58 UTC · By: Bogdan Popa / SsangYong seems to be one of the most attractive companies these days, especially if we're taking into account the interest shown by large corporations worldwide to take control of its business...
Renault and Mahindra Reportedly Bidding for Ssangyong
28 May 2010, 13:30 UTC · By: Andrei Tutu / Renault and Mahindra are involved in the competition to buy the financially-challenged South Koreean SUV producer Ssangyong Motor, as Reuters reports.Ssangyong has been in state-lead restructuring s...
Mahindra Reportedly Bidding for SsangYong Motor
27 Apr 2010, 14:44 UTC · By: Dan Mihalascu / Mahindra & Mahindra, the Indian SUV and tractor maker, is interested in buying controlling shares in the troubled South Korean sports utility manufacturer SsangYong Motor Company. According t...
Sollers Plans to Increase Engine Production
24 Mar 2010, 16:02 UTC · By: Andrei Tutu / The Russian automotive producer Sollers has announced that it plan to increase its 2010 engine production by 17 percent, as just-auto reports. A wave of rumors surfaced subsequently to the releas...
Spyshots: SsangYong C200
15 Feb 2010, 09:46 UTC · By: Bogdan Popa / Leaving the company's financial problems aside, SsangYong is ready to rise from the dead. The South Korean carmaker is currently testing the C200, a concept displayed for the first time at the ...
Ssangyong's Rescue Plan to Be Voted This Week
15 Dec 2009, 11:47 UTC · By: Alex Vasile / On December 17, the Seoul bankruptcy court will decide if Ssangyong’s plan to save the company is viable or not. If the plan is not approved, then Ssangyong assets may be liquidated. It ...
SsangYong C200 Coming in 2010
12 Nov 2009, 09:57 UTC · By: Bogdan Popa / SsangYong's C200 crossover will be launched in 2010, in spite of all reports claiming that the company might bite the dust under the pressure of the economic climate. The car was originally int...
October Sales Makes SsangYong Confident
11 Nov 2009, 11:53 UTC · By: Alina Dumitrache / South-Korean manufacturer SsangYong registered its seventh consecutive month of increased sales in October, compared to the same month last year. In fact, official figures show a 46.34 percent impro...
SsangYong Still on Track to Survive
9 Nov 2009, 10:57 UTC · By: Bogdan Popa / The South Korean carmaker SsangYong still has chances to survive in spite of the local court's decision to delay the verdict on the recovery plan until December 11. Curiously, Paul Williams, ma...
SsangYong Rescue Plan Accepted by Creditors
23 Oct 2009, 08:48 UTC · By: Alex Vasile / The SsangYong saga is far from being over. As you know, the South Korean manufacturer had a rough year. In 2008 sales went down a staggering 34.5%. As a direct result, in December 2008 Ssangyong was...
Volkswagen Looking to Buy SsangYong Motor
23 Sep 2009, 12:48 UTC · By: Bogdan Popa / Volkswagen, who'll soon become the sole Porsche owner, is looking to take over South Korean automaker SsangYong Motor, a company which is now struggling to step out of a very difficult economic...
SsangYong's New Survival Plan
17 Sep 2009, 09:19 UTC · By: Daniel Patrascu / South Korean manufacturer Ssangyong submitted a new survival/revival plan in Korean bankruptcy court, in an attempt to exit court receivership. The plans submitted with the Seoul Central District Co...
VW Gives in to Mexican Union
23 Aug 2009, 09:54 UTC · By: Daniel Patrascu / …or what a well organized strike can do. German manufacturer Volkswagen announced yesterday that the company’s management reached an agreement late on Saturday to give workers at its ...
SsangYong to Sell 32,000 Vehicles in 2009
20 Aug 2009, 14:49 UTC · By: Daniel Patrascu / Troubled Korean manufacturer SsangYong hasn't given up plans to continue production and sales of its vehicles, despite the bankruptcy it is going through and the recent civil war it had to face...
Strikers Shut Down VW Mexico Plant
19 Aug 2009, 09:40 UTC · By: Bogdan Popa / We're not there yet, but it appears that the civil war we've seen in South Korea at SsangYong's production facility is a source of inspiration for unsatisfied workers around the world...
Wanted: SsangYong Investors
12 Aug 2009, 12:36 UTC · By: Bogdan Popa / The war has ended but the suffering continues for SsangYong, who's now seeking new investors that could keep the company on the floating line. News that the government will not provide direct a...