Recent events
Recent events tied to this brand in public sources.
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2026
Automakers and electronics brands announce Korea Grand Festival promotions
Hyundai Motor, Kia, GM Korea, Renault Korea, KG Mobility, Samsung Electronics and LG Electronics are set to launch promotional sales on November 1 as part of the Korea Grand Festival. Specific products and discount rates were to be announced when the promotions begin.
2022
Edison Motors consortium agrees to acquire SsangYong Motor
A spokesperson for Mahindra & Mahindra said that the Edison Motors consortium had formally agreed to acquire SsangYong Motor and that the acquisition would progress to the next stage. SsangYong Motor said it would receive a 50 billion won loan from the consortium in addition to the acquisition money.
2021
SsangYong unveils design sketch for new SUV
SsangYong Motor revealed a design sketch of its new SUV, codenamed KR10, which was under development.
2021
SsangYong begins Korando e-Motion production
SsangYong commenced production of its Korando e-Motion electric vehicle on June 14, 2021. The article reports that semiconductor shortages caused a small delay in the Korean launch.
2020
SsangYong applies for court receivership
SsangYong Motor applied for court receivership after missing a loan payment of 60 billion won ($54.5 million). The company said the delayed repayment was due to worsening business conditions and that it had been unable to reach an agreement with creditors to extend the loan's maturity date.
2020
SsangYong files for court-supervised rehabilitation
Mahindra said its South Korean subsidiary, SsangYong Motor Company, filed an application with the Seoul Bankruptcy Court to commence rehabilitation proceedings. The court would review the application and decide whether to commence the process.
2020
Ssangyong Motor files for bankruptcy
Ssangyong Motor filed for bankruptcy, according to the article headline. The supplied text also says the automaker applied for an Autonomous Restructuring Support programme.
2020
SsangYong Philippines August vehicle promotions
SsangYong Berjaya Motor Philippines offered cash discounts, zero-interest financing, and low-down-payment promotions on several SsangYong models in the Philippines.
2020
SsangYong reveals updated Tivoli SUV
SsangYong revealed an overseas mid-cycle update for its Tivoli SUV, including updated styling, an upgraded infotainment system, a 10.25-inch digital instrument cluster, and a new 1.2-litre turbo-petrol engine.