ssangyong motor Archives | Be Korea-savvy
Another Private Equity Fund Joins Consortium to Acquire SsangYong Motor

Another Private Equity Fund Joins Consortium to Acquire SsangYong Motor

SEOUL, Aug. 9 (Korea Bizwire) — Another homegrown equity fund renowned for its failed attempt to take over the holding company of the country’s largest airline last year has joined a consortium to acquire SsangYong Motor Co., the consortium said Monday. The Korea Corporate Governance Improvement (KCGI) fund came aboard the consortium that Edison Motors [...]

SsangYong Unveils Design Sketch of New SUV

SsangYong Unveils Design Sketch of New SUV

SEOUL, July 26 (Korea Bizwire) — Financially troubled SsangYong Motor Corp. on Monday revealed a design sketch of its new sport utility vehicle under development as it tries to revive sales with next-generation models. The SUV-focused automaker teased the design sketch of the new SUV codenamed KR10, saying its design language is “Powered by Toughness.” [...]