Ssangyong Australia says “business as usual” despite bankruptcy filing in South Korea

Struggling South Korean car maker Ssangyong says it is “business as usual” and will continue to sell and service cars in Australia – despite filing for bankruptcy just days prior to Christmas 2020. Ssangyong has been in financial pain for years and Indian conglomerate Mahindra and Mahindra had been trying to sell its majority shareholding in the company over the past six months.

Comments

Popular posts from this blog

JLR: Consumer confidence on the rise post-election

Teacher accused of using rented Toyota Supra for land-speed record attempt

Donald Trump’s Lamborghini Diablo sets new auction price record

Honda confirms NSX successor in the works

Most anticipated new cars of 2018

2022 Nissan Qashqai and Pathfinder delayed, Juke and X-Trail production cut

How many cupholders are too many? | Drive Flashback

2018 Ford Mustang pricing and specs

Tesla cars to be banned from Chinese government buildings amid security fears — report

Bear Grylls’ SAS Gulf War buggy for sale, with optional machine gun