Unauthorized rendering of 4-door, 4-bucket-seat SIV-1 to be shown in Geneva.
Mahindra & Mahindra of India is investing an additional $73.7 million in paid-in capital to provide its struggling Ssangyong Korean subsidiary with badly needed funds, primarily to finance new-product development. Ssangyong is Korea’s smallest auto maker, specializing in light trucks. The transaction, approved by Ssangyong’s board of directors this month, involves the issuance of 11.54 million new shares of Ssangyong common stock by early June. The Korean company will ...
Premium Content (PAID Subscription Required)
"Mahindra to Invest $74 Million in Ssangyong Product Development" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.