Confusion over Chinese bids for Ssangyong Motor

Newswire

SHANGHAI, Dec 19 (Reuters) - Two Chinese companies claim to have won their government's permission to bid to take over South Korea's Ssangyong Motor , clouding a deal to rescue the struggling auto maker. Shanghai Automotive Industry Corp (SAIC) -- General Motors Corp's main partner in the booming China car market -- said late on Thursday it had received Chinese government permission to bid to take over the South Korean company. Just two days earlier, creditors for Ssangyong had ...

Premium Content (PAID Subscription Required)

"Confusion over Chinese bids for Ssangyong Motor" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×