SOUTH AFRICA: SsangYong in provisional liquidation
A provisional liquidator is being appointed urgently to try to facilitate the insolvent SsangYong Motor Dealership business in South Africa being kept in business and taken over by Imperial's Associated Motor Holdings (AMH), says CARtoday.com. An order placing the South African importer and distributor of the Korean sports utility vehicles was made in the Cape High Court yesterday (14/12/00). It was said to owe R47 million to FirstRand.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable