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Upcoming SsangYong EV To Be Called Torres, Debut In 2023
- Friday May 20, 2022
- Written by Pratik Rakshit
SsangYong Torres EV is developed under the project name J100 or U100 with the South Korea launch scheduled this summer, after which a purely electrically powered version will roll out in Europe by 2023.
- www.carandbike.com
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Ssangyong's Acquisition Deal With Edison Motors Falls Through: Report
- Thursday March 31, 2022
- Written by Seshan Vijayraghvan
As per the deal, Edison Motors was supposed to pay 274.3 billion won or Rs. 1716 crore, by March 25 2022, to acquire SsangYong, however its failure to do so has led to the termination of the contract.
- www.carandbike.com
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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.
- www.carandbike.com
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Mahindra To Sell SsangYong To Edison Motors: Report
- Sunday October 24, 2021
- Written by carandbike team
According to a report in Nikkei, Edison will be paying close to Rs. 1754 crore (170 million Euros) to Mahindra for the Ssangyong brand.
- www.carandbike.com
-
Ssangyong Reveals Design Sketches Of Its Next-Gen SUV - The X200
- Monday July 26, 2021
- Written by Ameya Naik
Under the code name of X200, the new car carries the brand's newly created design vision and philosophy, presenting the value and future direction of its new products.
- 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
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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.
- www.carandbike.com
-
Mahindra Receives Clearance From RBI To Reduce Ownership Stake In SsangYong
- Thursday March 11, 2021
- Written by Sameer Contractor
Mahindra & Mahindra has received clearance from RBI to reduce its stake in SsangYong Motor from the current 74.65 per cent to 25 per cent, with the US-based HAAH Automotive Holdings in the bid to acquire the Korean company.
- 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
-
Upcoming SsangYong EV To Be Called Torres, Debut In 2023
- Friday May 20, 2022
- Written by Pratik Rakshit
SsangYong Torres EV is developed under the project name J100 or U100 with the South Korea launch scheduled this summer, after which a purely electrically powered version will roll out in Europe by 2023.
- www.carandbike.com
-
Ssangyong's Acquisition Deal With Edison Motors Falls Through: Report
- Thursday March 31, 2022
- Written by Seshan Vijayraghvan
As per the deal, Edison Motors was supposed to pay 274.3 billion won or Rs. 1716 crore, by March 25 2022, to acquire SsangYong, however its failure to do so has led to the termination of the contract.
- 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 To Sell SsangYong To Edison Motors: Report
- Sunday October 24, 2021
- Written by carandbike team
According to a report in Nikkei, Edison will be paying close to Rs. 1754 crore (170 million Euros) to Mahindra for the Ssangyong brand.
- www.carandbike.com
-
Ssangyong Reveals Design Sketches Of Its Next-Gen SUV - The X200
- Monday July 26, 2021
- Written by Ameya Naik
Under the code name of X200, the new car carries the brand's newly created design vision and philosophy, presenting the value and future direction of its new products.
- 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 Receives Clearance From RBI To Reduce Ownership Stake In SsangYong
- Thursday March 11, 2021
- Written by Sameer Contractor
Mahindra & Mahindra has received clearance from RBI to reduce its stake in SsangYong Motor from the current 74.65 per cent to 25 per cent, with the US-based HAAH Automotive Holdings in the bid to acquire the Korean company.
- 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