South Korea’s Ssangyong Motor Corp. says it will set up a joint-venture auto plant in China next year for local production of its SUVs. Ssangyong hopes to sign a deal with China’s Jiangling Motor Corp. in January 2003 for the formation of an equal joint venture. The JV likely will begin operations in the second half of 2003, pending approval from the Chinese government. The auto maker reportedly is aiming for annual production of 25,000 units in the first year, doubling capacity to ...
Premium Content (PAID Subscription Required)
"Ssangyong Motors to Build Plant in China" 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