SsangYong exits insolvency following acquisition by KG Group
SsangYong announced on Friday it made the final repayment on a bridge loan that has kept the Korean automaker afloat since it became insolvent in late 2020. SsangYong, which doesn’t…
Read More »SsangYong seeks new buyer after Edison Motors deal falls through
Struggling Korean automaker SsangYong is back on sale after a sale agreement made with a consortium led by fellow Korean automaker Edison Motors in January fell through. The consortium had…
Read More »SsangYong sold for $255M to consortium led by EV startup Edison Motors
Following a year-long search, struggling Korean automaker SsangYong has found a buyer. SsangYong on Monday named the buyer as a consortium led by fellow Korean automaker Edison Motors. The consortium…
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