SsangYong Logo (Present)
2560x1440 HD png
|Headquarters||Seoul, South Korea|
|Parent||Mahindra & Mahindra Limited (70%)|
SsangYong Motor Company (Ssangyong meaning "Double Dragons"), is the fourth largest South Korean-based automobile manufacturer. It is a subsidiary of Indian multinational Mahindra & Mahindra.
2000x400 HD Png
In April 2010, the company released a statement citing interest of three to four local and foreign companies in acquiring SsangYong Motor Company, resulting in shares rising by 15%. The companies were later revealed to be Mahindra & Mahindra and the Ruia Group of India and SM Aluminum, Seoul Investments and French-owned Renault Samsung Motors of South Korea. In August 2010, Mahindra & Mahindra Limited was chosen as the preferred bidder for SsangYong.