SsangYong Motor in dire straits, files for bankruptcy
SsangYong Motor has filed for bankruptcy after it failed to make a loan repayment of about 60 billion won (RM219.8 million), Reuters reports. The ailing South Korean automaker said via a statement that the move [‌] The post SsangYong Motor in dire straits, files for bankruptcy appeared first on Paul Tan's Automotive News.