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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
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
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
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?
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
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
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
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
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
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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2019 SsangYong Korando SUV – first images released
Oft-forgotten South Korean carmaker SsangYong has released the first photos of its new Korando ahead of its home market launch in March. The midsize SUV – which sits between the Tivoli and the Rexton in […]
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SsangYong Rexton DKR revealed for 2019 Dakar Rally
After a successful outing at the 2018 Dakar Rally with a racing machine inspired by the SsangYong Tivoli, the South Korean carmaker has revealed the new Rexton DKR for next year’s edition of the world’s […]
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SPYSHOTS: 2019 Ssangyong Korando spotted testing
It’s been quite some times since the Ssyangyong Korando has seen an update, having received a facelift in 2012 for the fourth-generation model that made its debut in 2010. Though heavily cladded in camouflage here, […]
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2018 SsangYong Stavic – big MPV receives a facelift
The second-generation SsangYong Stavic facelift has been introduced in the United Kingdom, where it is sold as the Turismo (also known as the Rodius in other markets). Revisions to the big MPV primarily involve its […]
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SsangYong teases e-SIV electric SUV – Geneva debut
SsangYong has released teasers for a C-segment electric SUV concept that will make its debut at next month’s Geneva Motor Show. The e-SIV points to SsangYong’s future direction for mobility, new technologies and product development, […]