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Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

M&M, which owns a 75 per cent stake in SYMC, rescued the sport-utility vehicle (SUV) maker from near-insolvency in 2010 but has struggled to revive its fortunes. Ssangyong Motor Co (SYMC), the......

Mahindra's South Korean arm SsangYong Motor files for bankruptcy

Mahindra & Mahindra (M&M) on Monday said its loss-making South Korean arm SsangYong Motor Company (SYMC) has filed for bankruptcy. The SYMC has filed an application for commencement of......

Ssangyong launches compact SUV Tivoli, to invest $920mn in 3 yrs

The vehicle is the first product from the SSangyong stable after M&M acquired 70% stake in 2011. Ssangyong Motor Company, a subsidiary of India's Mahindra & Mahindra,on Tuesday launched its first......

Ford, Mahindra to scrap proposed JV

With the JV off the table, the duo will pursue independent strategies in the world’s fifth largest auto market. Mahindra and Mahindra’s (M&M) second stint with Ford Motor Co as a joint......

M&M to acquire 70% stake in SsangYong Motor

Mahindra & Mahindra said it will acquire 70 per cent stake in the ailing South Korean auto maker SsangYong Motor for $463 million (about Rs 2,105 crore) in order to become a global utility vehicle......

Symc

News for Symc

Mahindra's Ssangyong misses loan repayment of Rs 480 cr to JP Morgan

Mahindra's South Korean arm SsangYong Motor files for bankruptcy

Ssangyong launches compact SUV Tivoli, to invest $920mn in 3 yrs

Ford, Mahindra to scrap proposed JV

M&M to acquire 70% stake in SsangYong Motor

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