SsangYong Motor to Sell Plant Site in Rehabilitation Efforts

SEOUL, July 10 (Korea Bizwire) — SsangYong Motor Co., 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 Saturday. The company has been under court receivership since April, as its Indian parent, Mahindra & Mahindra, failed to secure a buyer for [...]