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

2024 Toyota Yaris Cross updated in Europe with new tech, more hybrid power

Volvo ‘ES90’ electric sedan due next year

New Alfa Romeo 33 Stradale supercar unveiled with petrol and electric power

Ineos Grenadier gets converted into a camper with Australian-made pop-top

Renault and Nissan production delays due to global cyber attack

2024 Toyota LandCruiser 70 Series facelift spy photo

2022 Land Rover Defender 110 SE D300 v 2022 Nissan Navara Pro-4X Warrior comparison

2024 Mazda 3 update due this year with technology upgrade – report

New Hyundai Venue due in 2025 – report

JAC T9 ute from China slated for 2024 Australian launch