Mahindra-owned SsangYong puts controlling stake up for auctionThe Korean auto major, which is 75% owned by Mahindra, is under court receivership since April after it failed to rollover loans worth $148...
30 Jun, 2021, 10.53 AM IST
SsangYong in receivership as Mahindra fails to find buyerThe Seoul Bankruptcy Court on April 15 approved the debt-rescheduling process for SsangYong Motor as the US-based HAAH Automotive did not s...
16 Apr, 2021, 07.50 AM IST
SsangYong court rehabilitation may begin early next week as CEO Yea quitsSsangYong has over the last six to nine months failed to secure a letter of intent (LOI) from its likely potential investor, US-based HaaH ...
09 Apr, 2021, 03.23 PM IST
Korea based Edison Motors in fray to acquire SsangYongUntil now, US based HAAH Automotive was the only potential suitor to acquire SYMC. The South Korean electric vehicle manufacturer, Edison w...
26 Mar, 2021, 01.13 PM IST
How Mahindra's gameplan to become a global SUV player with Ssangyong backfiredAnand Mahindra and his lieutenant Pawan Goenka broke the news and explained how the acquisition would propel the country’s largest manufact...
26 Dec, 2020, 09.29 AM IST
SsangYong in deep crisis as auditor refuses to give opinion on H1 resultsMahindra-owned SsangYong Motors is in the midst of a severe crisis with their auditors Samjong KPMG refusing to deliver an 'opinion' on the...
20 Aug, 2020, 01.28 PM IST
Global cos eyeing SsangYong stake as Mahindra looking to scale down role in loss-making bizSeveral global auto companies are said to be in the running for a minority stake in SsangYong Motor Co (SYMC), the ailing South Korean subs...
10 Aug, 2020, 01.15 PM IST
Mahindra plans to drive Ssangyong into North AmericaThe compact model — an urban SUV based on the X100 or Tivoli platform — will expand Mahindra’s presence in the key sub-4 meter space in Ind...
07 Oct, 2016, 01.37 AM IST
SsangYong launches compact SUV Tivoli; first all new vehicle after M&M takeoverConfident of its success, it has further committed 1 trillion won (or 915 million dollars) in the business for the coming three years.
14 Jan, 2015, 05.53 AM IST
M&M may be re-rated, driven by tractor sales: Saurabh Mukherjea"The rural economy will continue to boom and tractors will continue to grow as a market and M&M within that will do very well."
25 Nov, 2013, 03.13 PM IST
Mahindra Finance, Woori Financials JV to fund SMC motors in KoreaMahindra Finance has signed a memorandum of understanding with Woori Financials to set up a joint-venture for financing Ssangyong Motor veh...
06 Sep, 2013, 04.32 PM IST
Ssangyong will be synonymous with stability, not just quality: Anand MahindraM&M is set to introduce Sasangyong's two sports utility vehicles in India. Anand Mahindra, the vice-chairman and MD of the company, says he...
08 Apr, 2011, 09.00 AM IST
- Mahindra & Mahindra up on SsangYong takeoever deal
Shares of Mahindra & Mahindra today jumped nearly two per cent in the early trade on BSE amid smart buying in the broader market.
16 Mar, 2011, 12.36 PM IST
- Mahindra & Mahindra readies Indian talent for Ssangyong integration; stock down
Mahindra & Mahindra has picked home-grown talent to head top management positions in Ssangyong Motors as it aims to quickly integrate opera...
21 Feb, 2011, 10.31 AM IST
- Mahindra & Mahindra readies Indian talent for Ssangyong integration
Mahindra & Mahindra has assigned responsibilities and relocated six executives to South Korea to oversee the process of integration.
21 Feb, 2011, 06.30 AM IST
- Edelweiss maintains ‘Buy’ recommendation on M&M
The Ssangyong acquisition fits well with M&M’s strategic ambition of becoming a global SUV player, the brokerage says.
23 Nov, 2010, 11.29 AM IST
- Ssyangyong buy to make us a global SUV player: Anand Mahindra
Anand Mahindra says Ssangyong buy will help M&M gain access to global markets.
17 Aug, 2010, 02.11 PM IST