SEOUL, Nov. 19 (Korea Bizwire) – The fortunes of South Korea’s three mid-sized automakers—GM Korea, KG Mobility, and Renault Korea—continue to hinge on the success of individual vehicle launches, with the pattern showing no signs of abating in 2024. The trend began with KG Mobility (formerly SsangYong Motor) riding high on its Torres SUV in 2022, [...]
SEOUL, Nov. 23 (Korea Bizwire) – The launch event for KG Mobility’s Torres took place in the Giza district of Cairo on Monday, against the iconic backdrop of the pyramids. The gathering drew over 500 attendees, comprising local media, influencers, and dealers. Ahmed Abou Khouf, chairman of Arabiat Egypt, a local dealer, expressed his enthusiasm, stating, [...]
INCHEON, July 5 (Korea Bizwire) — SsangYong Motor Co. launched the all-new Torres SUV in South Korea on Tuesday, a week after a Seoul court approved a local consortium as the final bidder for the debt-laden carmaker. The SUV-focused carmaker aims to get its business back on track within the next two years based on [...]