SsangYong Motor in dire straits, files for bankruptcy

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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.


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