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  SsangYong Torres revealed – rugged-looking 5-seat SUV with 3 screens, 170 PS/280 Nm 1.5T, RM92k-104k

  14 June 2022 / 12 comments

  SsangYong is having a torrid time right now. While rivals Hyundai and Kia are going from strength to strength, the rough and tough SUV maker is on the ropes, with owner Mahindra refusing to invest […]

  
  

   

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  SsangYong acquisition by Edison Motors falls through – Korean automaker back to looking for new buyer

  31 March 2022 / 8 comments

  SsangYong Motor can’t seem to catch a lucky break. In January, the beleaguered automaker, which filed for bankruptcy in late 2020, was reported to have been acquired by a South Korean consortium led by electric […]

  
  

   

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  SsangYong sold to Korean consortium led by Edison Motors for RM1.07 billion – turnaround in 3-5 years

  11 January 2022 / 2 comments

  Troubled carmaker SsangYong Motor has been acquired by a South Korean consortium led by Edison Motors in deal reported by Yonhap to be worth 304.8 billion won (around RM1.07 billion or USD255 million). This comes […]

  
  

   

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  Bankrupt SsangYong to be sold to Korean EV startup Edison Motors – ‘we will overtake Tesla’ is the motto

  22 October 2021 / 14 comments

  It looks like financially troubled SsangYong Motor has finally found itself a new owner. A South Korean consortium led by local EV startup Edison Motors has been recommended as the preferred bidder to acquire SsangYong, […]

  
  

   

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  SsangYong teases Jeep-like X200 – next Korando?

  28 July 2021 / 2 comments

  Beleaguered South Korean carmaker SsangYong has released sketches of its second forthcoming model, codenamed the X200. The car follows in the footsteps of the J100 announced last month, a mid-sized electric SUV with rugged looks. […]

  
  

   

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  SsangYong Korando e-Motion unveiled ahead of European debut, J100 electric SUV to launch in 2022

  16 June 2021 / 2 comments

  To boost product development in order to secure its future, SsangYong has unveiled the Korando e-Motion electric SUV alongside the announcement of its future plans, including another electric SUV that is planned for launch in […]

  
  

   

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  SsangYong Motor in dire straits, files for bankruptcy

  22 December 2020 / 10 comments

  SsangYong Motor has filed for bankruptcy after it failed to make a loan repayment of about 60 billion won (RM219.8 million), Reuters reports. The ailing South Korean automaker said via a statement that the move […]

  
  

   

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  SsangYong E100 SUV teased – brand’s first-ever EV

  21 July 2020 / 0 comments

  SsangYong has begun teasing its first-ever electric vehicle ahead of an official debut in its home market set for the first half of 2021. Currently known by the codename “E100,” the EV is based on […]

  
  

   

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  SsangYong on the lookout for a new buyer, as Mahindra signals plans to exit Korean automaker

  22 June 2020 / 12 comments

  SsangYong Motor is on the lookout for a potential buyer, following Mahindra & Mahindra having said that it was willing to let go of its ownership stake in the struggling Korean automaker, Reuters reports. Mahindra […]

  
  

   

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  Mahindra halts funding for SsangYong amid virus crisis; ‘one-time’ RM142m infusion possible: report

  8 April 2020 / 4 comments

  Indian conglomerate Mahindra & Mahindra has said it would no longer invest in SsangYong Motor, Automotive News Europe reported, as automakers worldwide are aiming to save cash in order to survive the coronavirus crisis. In […]

  
  

   

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