Some of the self help measures include its employees taking a 2 year unpaid leave, cut in wages , welfare benefits and the proposed sale of...

Mahindra & Mahindra’s 75 percent ownership in Ssangyong will reduce and HAAH Automotive Holdings is expected to become the largest sharehol...

Tata Motors, Hyundai Motor, Ashok Leyland and Renault are in talks with Mahindra Electric to acquire its 350-volt electric vehicle platform...

These agreements came to light after SsangYong filed an application on December 21 for commencement of rehabilitation procedures with the S...

SYMC has outstanding loans of 60 billion KRW (around Rs 408 crore) from JP Morgan Chase Bank, 10 billion KRW (around Rs 68 crore) from BNP ...

Haah Automotive is understood to have laid down some stringent conditions for its investment, such as the delay of Ssangyong’s debt repayme...

If the deal is made, HAAH Automotive Holdings would emerge as one of the majority stakeholders of SsangYong Motor, reducing Mahindra & Mahi...

Hero Electric, Ather Energy, Okinawa, and Revolt are eyeing local procurement of motors and controllers in the next 6-12 months. About 15-2...

Mahindra-owned SsangYong Motors is in the midst of a severe crisis with their auditors Samjong KPMG refusing to deliver an 'opinion' on the...

Several global auto companies are said to be in the running for a minority stake in SsangYong Motor Co (SYMC), the ailing South Korean subs...

South Korea's Ssangyong Motor Co Ltd on Sunday said it has approved the use of a 40 billion won ($32.86 million) special fund raised by its...

A dozen carmakers have decided to join hands & explore ways of targeting the EV space in run-up to India’s stated goal to switch largely to...

Auto components maker Nipman Fastener has entered into a tie-up with South Korea's IL-Ryung Co at an investment of about USD 35 million

'The fact, that what we are witness here to the launch of a very modern and exciting vehicle is indeed a great achievement.'

Mahindra & Mahindra-owned Korean automaker Ssangyong Motor Co today reported a loss of 35 billion won for the third quarter.

Shares of Mahindra & Mahindra today jumped nearly two per cent in the early trade on BSE amid smart buying in the broader market.

Ssangyong Motor Co <003620.KS> may start production of a sports utility vehicle (SUV) in China in the second half of 2008 as it expects the...