MUMBAI – Finalizing the acquisition of South Korea’s Ssangyong Motor Co. Ltd. by India’s Mahindra & Mahindra Ltd. last month was just the start. The real success of the deal depends on a smooth integration of the two auto makers. A lot is at stake. Mahindra made an advance earnest money deposit of $37 million in November for its 70% stake, which is 10% of Ssangyong’s final equity-sale value. The $341 million balance will be paid by the Indian company three days before a meeting with ...
Premium Content (PAID Subscription Required)
"Success of Mahindra-Ssangyong Deal Hinges on Smooth Integration" 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: firstname.lastname@example.org or phone: (248) 799-2642