SsangYong hasn't raised its head for years. It is the oldest car manufacturer in South Korea and the fifth (because there are no more) smallest. However, luck has not treated him in the same way as the rest of the firms with which he shares a passport. In fact, Hyundai Motor Group took over the reins of Kia because it fell out of favor and nobody wanted to take over. What happens is that now things are more difficult...
A few days ago we told you the latest adventures of SsangYong. in case you forgot its association with Edison Motors has remained in borage water and therefore is back on the tightrope. Mahindra did not timely collect the money owed to it for the sale of the agreed shares. In this way, he would complete the change of hands and could start the new industrialization plan that the South Korean house has created. But there is still more.
SBW Inc is the largest underwear manufacturer in South Korea…
Several sources, among which is Yonhap News Agency, assure that already there would be a new company interested in your purchase. Its name is SBW or what is the same, Ssangbangwool Inc, the main manufacturer of underwear in all of South Korea. Yes, a company that has nothing to do with the automobile sector is interested in getting involved in it to revive the firm. In fact, everything indicates that they would have already made an offer to take over their capital.
Apparently, these sources claim that a working group to evaluate the possible acquisition of SsangYong Motor. If we take a look at the information published by this means, we can read the following message…
«Led by the Kanglim Co. group subsidiary, we are actively considering the acquisition of SsangYong Motor«
In case you did not know, Kanglim Co., is a South Korean heavy vehicle and equipment manufacturer. At the moment we do not have data on what its role would be in this hypothetical purchase, although we have a hunch. The underwear manufacturer SBW Inc has no idea of the sector and would need the help of a third party tell you how to proceed. The doubtful thing is that for now there is no official confirmation, so it is time to wait more...
Perhaps in a few days, we will have new data...
Source - Yonhap News Agency
More information about this model
- Plazas 7
- Power 202 cv
- Consumer goods 7,6 l / 100km
- Assessment 4