12 news articles matched

Tag: Autos Ssangyong
SsangYong plans name change to escape 'painful image'
10 January 2023
SEOUL: South Korea's oldest carmaker SsangYong Motor plans to change its name to KG Mobility in order to shed what its chairman has called "a painful image". The brand, whose na...
SsangYong teases all-new Torres SUV
22 May 2022
SEOUL: SsangYong Motor Company (SMC) has revealed its all-new SUV is to be called Torres. The Torres is the first model to reflect the brand’s new design philosophy "Powered by ...
Will Korea bank rescue SsangYong Motor?
31 March 2022
SEOUL: After another failed attempt by SsangYong Motor to find a new owner, all eyes are on whether the state-run Korea Development Bank (KDB) will change its mind and bail out the...
Takeover of SsangYong Motor by consortium collapses
29 March 2022
SEOUL: Troubled South Korean off-roader SsangYong Motor has voided the agreement for its takeover by a domestic consortium led by electric truck maker Edison Motors. The consort...
Ailing SsangYong to open bid for new buyer
30 August 2021
SEOUL: Cash-strapped carmaker SsangYong Motor Co plans to receive acquisition proposals through mid-September, as a two-way race between two local investors is expected, industry s...
SsangYong previews next-generation SUV design
28 July 2021
SEOUL: SsangYong Motor Company has released the design of its next-generation SUV. Under the code name X200, the new car carries the brand’s newly created design vision and phil...
SsangYong accelerates new model development to secure future
15 June 2021
SEOUL SsangYong Motors has announced it is to accelerate its new car development programme in preparation for its future, and as part of a robust set of self–help measures. The ...
Ssangyong's Rexton facelift to bring more power, more smarts
09 June 2021
FRANKFURT: Four years after its launch, the Rexton is getting an update and South Korean manufacturer Ssangyong is now selling its flagship with a more powerful diesel engine, a ne...
SsangYong Motor files for receivership as it misses loan rep...
22 December 2020
SEOUL: SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about 60 billion won (RM220mil), the South Korean automaker said in a s...
Mahindra seeks to dump struggling unit SsangYong
13 June 2020
NEW DELHI: Mahindra & Mahindra plans to give up control of struggling South Korean unit SsangYong Motor, the Indian automaker’s managing director said on Friday, as it looks to...
SsangYong Australia gives 3 years free servicing to frontlin...
04 May 2020
SYDNEY: SsangYong Australia is giving medical frontliners a three-year free servicing package on new cars bought in May 2020. The special package is on top of financial support ...
Ssangyong to sell assets after parent Mahindra drops rescue ...
07 April 2020
SEOUL: SsangYong Motor Co. said Monday it will sell non-core assets to stay afloat after its parent Mahindra & Mahindra Ltd. cancelled its capital injection plan for the carmaker d...