Brands related to this company: Ssangyong

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Ssangyong launches redesigned flagship Rexton SUV

5 November 2020

SsangYong Motor Company launched the redesigned Rexton SUV in South Korea this week in the hope of reversing falling sales.


South Korean sales jump 25% in September

6 October 2020

Domestic sales by South Korea's five main automakers combined increased by just over 25% to 138,530 units in September 2020 from 110,654 units in the same month of last year, according to preliminary data released individually by the companies.


South Korea sales fall in August

2 September 2020

Domestic sales by South Korea's five main automakers combined increased 5.6% to 111,847 units in August 2020 from 118,479 units in the same month of 2019, according to preliminary data released individually by the companies.


HAAH preparing stake bid for SsangYong - reports

20 August 2020

US car distribution company HAAH Automotive Holdings is preparing to submit an offer to invest in SsangYong Motor, according to reports.


Mahindra to give up control of Ssangyong

11 August 2020

India's Mahindra & Mahindra confirmed this week it was prepared to give up its majority ownership of Ssangyong Motor to help it find a new strategic investor for the struggling South Korean SUV maker.


Ssangyong Motors relocates UK operations

10 August 2020

SsangYong Motors UK, the importer of vehicles and parts from South Korea, has confirmed the move of its headquarters from Luton in Bedfordshire to Swindon, Wiltshire.


South Korean sales rise 10% year on year in July

4 August 2020

Domestic sales by South Korea's five largest automakers combined increased by just over 10% to 144,422 units in July 2020 from 131,135 units in the same month of last year, according to preliminary data released individually by the companies.


Ssangyong details new electric SUV

20 July 2020

South Korea's Ssangyong Motor, owned by Mahindra & Mahindra has released more details of its forthcoming all electric SUV.


just-auto Plus only SsangYong Motor global sales record 10,181 units in June 2020

2 July 2020


Ssangyong ineligible for Korean COVID-19 rescue fund

22 June 2020

Ssangyong Motor Company does not qualify for financial support under the government's market stabilisation fund, according to the South Korean government-run Korea Development Bank (KDB).


Mahindra eyeing Ssangyong exit - reports

15 June 2020

Mahindra & Mahindra, the Indian automaker that owns a 75% slice in SsangYong Motor, has hinted at giving up control of the struggling South Korean automaker as losses from COVID-19 soar, industry sources told local media at the weekend.


Ssangyong sells service centre in Seoul to raise cash

1 June 2020

Ssangyong Motor said it had sold its main service centre in Guro, Seoul, as it faced a liquidity crunch as losses continued to mount.


Ssangyong's Q1 losses balloon as future is questioned

18 May 2020

SsangYong Motor Company reported a deepening net loss of KRW193.54bn (US$157m) for the first quarter of 2020, as concern rises about the viability of the South Korean SUV manufacturer.


South Korean automakers ask government for emergency loans, tax cuts

22 April 2020

South Korean vehicle manufacturers this week called on the government to provide up to KRW32 trillion (US$25.9bn) in emergency loans through banks to help them through the global COVID-19 coronavirus pandemic.


Mahindra confirms reduced investment in Ssangyong

14 April 2020

SsangYong Motor has confirmed its Indian parent Mahindra & Mahindra Ltd will inject KRW40bn (US$33m) to help it stay afloat, as the company continues to struggle under the impact of the global COVID19 coronavirus pandemic.


Mahindra cancels Ssangyong recovery plan

6 April 2020

South Korean SUV manufacturer Ssangyong Motor Company on Monday said it would have to sell off non-core assets to help it remain in business after its Indian parent company Mahindra & Mahindra Ltd cancelled its turn-around plan for the company due to the escalating global COVID19 coronavirus pandemic, according to local reports.


South Korean sales rebound in March

2 April 2020

Domestic sales by South Korea's five largest automakers increased by 9.2% to 151,025 units in March 2020 from 138,288 units in the same month of last year, according to preliminary data released individually by the companies.


M&M future models - SsangYong Motor

1 April 2020

It hasn't been the best of starts to 2020 for any manufacturer and SsangYong is no exception. Nonetheless, even with March sales down by 31 per cent YoY, better times should be ahead, eventually. Model life cycle age has come down, the company's first electric SUV is due out by year end and there are other additional vehicles coming too.


Ssangyong to 're-engineer' itself

24 March 2020

Cash strapped SsangYong Motor has said it wanted to re-engineer its business with a strengthened self rescue plan to return to profitability.


Virus causes South Korean automakers' sales to tank in February

3 March 2020

Domestic sales by South Korea's five largest automakers plunged by over 20% to 81,772 units in February 2020 from 102,285 units in the same month of last year, according to preliminary data released individually by the companies.


SsangYong expands Korando range with petrol power

12 February 2020

Will 2020 be the year that SsangYong delivers on the opportunity which Mahindra saw when it bought a majority shareholding nine years ago this month? Or will the Korean SUV maker remain not-quite-there-yet, even though it now has few excuses for being an under-achiever, its powertrains, platforms and vehicles being more than good enough to be taken seriously?


South Korean sales plunge 15% in January

4 February 2020

Domestic sales by South Korea's five largest automakers plunged by over 15% to 99,602 units in January 2020 from 117,464 units in the same month of last year, according to preliminary data released individually by the companies.


Korean plants hit by China disruption

31 January 2020

The Wuhan coronavirus is already causing difficulties for South Korean plants that source parts from China.


Mahindra mulls KRW500bn injection to turn around Ssangyong

23 January 2020

Mahindra & Mahindra is looking to inject KRW500bn (US$428m) in fresh capital into its struggling South Korean subsidiary Ssangyong Motor Company over the next three years, according to local reports.


Mahindra seeks additional financing for Ssangyong

16 January 2020

Mahindra & Mahindra's managing director Pawan Goenka is in South Korea this week to help secure funding for its struggling subsidiary Ssangyong Motor.


Mahindra announces top management succession plans

23 December 2019

Mahindra has announced a number of senior management changes. 


Ssangyong workers agree pay cuts as company struggles

20 December 2019

Ssangyong Motor workers this week accepted a proposal by the company's management for a cut in their annual bonuses and other benefits as the South Korean automaker continued to struggle with declining sales.


just-auto Plus only SsangYong Motor global sales record 10,754 units in November 2019

5 December 2019


Ssangyong to assemble SUVs in Saudi Arabia from 2021

10 October 2019

SsangYong Motor announced it had signed a licensing agreement allowing Saudi National Automobiles Manufacturing Company (SNAM) to assemble its vehicles in from KD units.


New C300 Korando another step forward for SsangYong

23 September 2019

SsangYong never gives up. European sales are tiny, a former decent presence in Russia unraveled, attempts at agreeing a JV in China came to nothing and we don't hear much these days about a once heralded US market launch. Against that, it's big in Korea and greatly helps parent company Mahindra with rebadged SUVs in India. Can the new Korando also reinvigorate the brand in Britain?

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SsangYong news

Ssangyong launches redesigned flagship Rexton SUV

5 November 2020

SsangYong Motor Company launched the redesigned Rexton SUV in South Korea this week in the hope o...


South Korean sales jump 25% in September

6 October 2020

Domestic sales by South Korea's five main automakers combined increased by just over 25% to 138,5...


South Korea sales fall in August

2 September 2020

Domestic sales by South Korea's five main automakers combined increased 5.6% to 111,847 units in...


HAAH preparing stake bid for SsangYong - reports

20 August 2020

US car distribution company HAAH Automotive Holdings is preparing to submit an offer to invest in...


Mahindra to give up control of Ssangyong

11 August 2020

India's Mahindra & Mahindra confirmed this week it was prepared to give up its majority owner...


Ssangyong Motors relocates UK operations

10 August 2020

SsangYong Motors UK, the importer of vehicles and parts from South Korea, has confirmed the move...



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