All Chinese staff of formerly SAIC-owned Ssangyong Motor including CEO Lan Qingsong have returned to China.
About 30 Chinese staff, including about 10 executives, worked in Korea, according to the Chosun Ilbo newspaper.
The report said the news suggests SAIC ‘is indeed washing its hands off the court receivership process’.
In a statement issued after filing for receivership earlier, SAIC had pledged to “do its best” in the court receivership process.
Ssangyong is trying to normalise operations by rolling out the C200, a new crossover vehicle, earlier than the original date at the end of this year.
However, the report added that the firm still faces challenges in finding funds to pay creditors and restructure its operations.
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