Ssangyong And Mahindra
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Edison Motors To Buy SsangYong From Mahindra For $255 Million
- Wednesday January 12, 2022
- Written by Sameer Contractor
The announcement comes amidst SsangYong's struggles to find a new buyer with red on its ledger. The ailing automaker's sales declined 21 per cent in 2021 with the company reporting an operating loss of Rs. 1,473 crore with a revenue of Rs. 11,140 crore.
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www.carandbike.com
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Mahindra XUV300: Top 5 Rivals
- Sunday July 25, 2021
- Written by Charanpreet Singh
The Mahindra XUV300 is based on SsangYong Tivoli's platform, which has been tweaked for the Indian market. The SUV is priced in between Rs. 7.96 lakh to Rs. 11.71 lakh (ex-showroom, Delhi). Here are the top five rivals of the XUV300.
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www.carandbike.com
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Mahindra Plans To Support SsangYong's Electric Vehicle Business: Report
- Wednesday May 5, 2021
- Written by Seshan Vijayraghvan
Home-grown utility vehicle manufacturer, Mahindra & Mahindra, reportedly plans to keep supporting its loss-making South Korean subsidiary, SsangYong's electric vehicle business. Mahindra, which is developing electric SUVs and powertrain on the new MESMA 350 platform, has said that it will supply them to SsangYong as per the Korean brand's requireme...
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www.carandbike.com
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SsangYong Motor Goes Into Receivership; Mahindra Fails To Find Buyer
- Thursday April 15, 2021
- Written by Kingshuk Dutta With Inputs from Reuters
Mahindra and Mahindra hasn't been able to find a buyer for SsangYong so far, leading the Korean company to go into court receivership.
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www.carandbike.com
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Mahindra Expects Global Business Losses To Shrink With Ssangyong Exit
- Sunday February 7, 2021
- Written by Reuters
As part of a wider review to retain only those businesses with the potential to make money, Mahindra has been in talks to sell its stake in Ssangyong. It also ended its joint venture with Ford Motor Co and cut more than half of its North American workforce.
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www.carandbike.com
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Mahindra-Owned SsangYong Motor Files For Receivership As It Misses Loan Repayment
- Tuesday December 22, 2020
- Written by Seshan Vijayraghvan (With inputs from Reuters)
South Korea's SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about 60 billion won ($54.44 million), the South Korean automaker said in a statement.
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www.carandbike.com
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Mahindra's Ssangyong Defaults On Rs. 408 Crore Loan Repayment To 3 Different Banks
- Tuesday December 15, 2020
- Written by Seshan Vijayraghvan
Home-grown utility vehicle manufacturer, Mahindra and Mahindra, has announced that its South Korean unit, Ssangyong Motor Company, has defaulted on loan repayments of about 60 billion Korean Won (KRW) or approx. Rs. 408 crore, to three different financial institutions.
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www.carandbike.com
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2021 SsangYong Rexton G4 Facelift Teaser Leaked Ahead Of Global Debut In November
- Wednesday October 21, 2020
- Written by Sameer Contractor
Teaser images of the SsangYong Rexton G4 facelift have been leaked online revealing a comprehensive design upgrade. The facelift is also expected to bring more premium cabin and possibly a new turbo petrol engine sourced from parent company Mahindra & Mahindra.
-
www.carandbike.com
-
Mahindra To Sell Its Stake In SsangYong To US-Based HAAH Automotive
- Wednesday September 16, 2020
- Written by Shubham Parashar
Mahindra is looking to dilute its stake in the South Korean subsidiary SsangYong and could sign on the dotted line very soon with US-based HAAH Automotive Holdings, according to a recent report.
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www.carandbike.com
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South Korea's SsangYong Motor Looking For Possible Buyer As Mahindra May Exit
- Friday June 19, 2020
- Reuters
South Korean sports-utility vehicle maker SsangYong Motor is looking for a potential buyer after India's Mahindra and Mahindra said it could give up its majority stake in the struggling company. SsangYong has picked an advisor to tap markets for a new investor, a spokesman for the South Korean company said on Friday.
-
www.carandbike.com
-
SsangYong Tivoli Facelift Revealed With New Mahindra Engine
- Friday May 22, 2020
- Written by Sameer Contractor
South Korean carmaker SsangYong has lifted the wraps off the new Tivoli facelift for the home market. The SsangYong Tivoli facelift comes with updated exterior styling, more features and a new 1.2-litre turbocharged petrol engine.
-
www.carandbike.com
-
SsangYong Rexton (Alturas G4) Facelift Spotted Testing In South Korea
- Thursday April 30, 2020
- Written by Seshan Vijayraghvan
A test mule of the SsangYong Rexton facelift was recently spotted in South Korea. The SUV is sold in India as the Mahindra Alturas G4, and it indicates India too will get the updated model, soon after its global debut.
-
www.carandbike.com
-
Edison Motors To Buy SsangYong From Mahindra For $255 Million
- Wednesday January 12, 2022
- Written by Sameer Contractor
The announcement comes amidst SsangYong's struggles to find a new buyer with red on its ledger. The ailing automaker's sales declined 21 per cent in 2021 with the company reporting an operating loss of Rs. 1,473 crore with a revenue of Rs. 11,140 crore.
-
www.carandbike.com
-
Mahindra XUV300: Top 5 Rivals
- Sunday July 25, 2021
- Written by Charanpreet Singh
The Mahindra XUV300 is based on SsangYong Tivoli's platform, which has been tweaked for the Indian market. The SUV is priced in between Rs. 7.96 lakh to Rs. 11.71 lakh (ex-showroom, Delhi). Here are the top five rivals of the XUV300.
-
www.carandbike.com
-
Mahindra Plans To Support SsangYong's Electric Vehicle Business: Report
- Wednesday May 5, 2021
- Written by Seshan Vijayraghvan
Home-grown utility vehicle manufacturer, Mahindra & Mahindra, reportedly plans to keep supporting its loss-making South Korean subsidiary, SsangYong's electric vehicle business. Mahindra, which is developing electric SUVs and powertrain on the new MESMA 350 platform, has said that it will supply them to SsangYong as per the Korean brand's requireme...
-
www.carandbike.com
-
SsangYong Motor Goes Into Receivership; Mahindra Fails To Find Buyer
- Thursday April 15, 2021
- Written by Kingshuk Dutta With Inputs from Reuters
Mahindra and Mahindra hasn't been able to find a buyer for SsangYong so far, leading the Korean company to go into court receivership.
-
www.carandbike.com
-
Mahindra Expects Global Business Losses To Shrink With Ssangyong Exit
- Sunday February 7, 2021
- Written by Reuters
As part of a wider review to retain only those businesses with the potential to make money, Mahindra has been in talks to sell its stake in Ssangyong. It also ended its joint venture with Ford Motor Co and cut more than half of its North American workforce.
-
www.carandbike.com
-
Mahindra-Owned SsangYong Motor Files For Receivership As It Misses Loan Repayment
- Tuesday December 22, 2020
- Written by Seshan Vijayraghvan (With inputs from Reuters)
South Korea's SsangYong Motor Co Ltd filed for court receivership on Monday after it defaulted on loan repayment of about 60 billion won ($54.44 million), the South Korean automaker said in a statement.
-
www.carandbike.com
-
Mahindra's Ssangyong Defaults On Rs. 408 Crore Loan Repayment To 3 Different Banks
- Tuesday December 15, 2020
- Written by Seshan Vijayraghvan
Home-grown utility vehicle manufacturer, Mahindra and Mahindra, has announced that its South Korean unit, Ssangyong Motor Company, has defaulted on loan repayments of about 60 billion Korean Won (KRW) or approx. Rs. 408 crore, to three different financial institutions.
-
www.carandbike.com
-
2021 SsangYong Rexton G4 Facelift Teaser Leaked Ahead Of Global Debut In November
- Wednesday October 21, 2020
- Written by Sameer Contractor
Teaser images of the SsangYong Rexton G4 facelift have been leaked online revealing a comprehensive design upgrade. The facelift is also expected to bring more premium cabin and possibly a new turbo petrol engine sourced from parent company Mahindra & Mahindra.
-
www.carandbike.com
-
Mahindra To Sell Its Stake In SsangYong To US-Based HAAH Automotive
- Wednesday September 16, 2020
- Written by Shubham Parashar
Mahindra is looking to dilute its stake in the South Korean subsidiary SsangYong and could sign on the dotted line very soon with US-based HAAH Automotive Holdings, according to a recent report.
-
www.carandbike.com
-
South Korea's SsangYong Motor Looking For Possible Buyer As Mahindra May Exit
- Friday June 19, 2020
- Reuters
South Korean sports-utility vehicle maker SsangYong Motor is looking for a potential buyer after India's Mahindra and Mahindra said it could give up its majority stake in the struggling company. SsangYong has picked an advisor to tap markets for a new investor, a spokesman for the South Korean company said on Friday.
-
www.carandbike.com
-
SsangYong Tivoli Facelift Revealed With New Mahindra Engine
- Friday May 22, 2020
- Written by Sameer Contractor
South Korean carmaker SsangYong has lifted the wraps off the new Tivoli facelift for the home market. The SsangYong Tivoli facelift comes with updated exterior styling, more features and a new 1.2-litre turbocharged petrol engine.
-
www.carandbike.com
-
SsangYong Rexton (Alturas G4) Facelift Spotted Testing In South Korea
- Thursday April 30, 2020
- Written by Seshan Vijayraghvan
A test mule of the SsangYong Rexton facelift was recently spotted in South Korea. The SUV is sold in India as the Mahindra Alturas G4, and it indicates India too will get the updated model, soon after its global debut.
-
www.carandbike.com