Ssangyong Motor Co. Ltd. is set to begin construction on an expansion to its lone assembly plant in Pyungtaek, South Korea, raising capacity there 55%. The move to expand capacity, initially signaled back in January 2006, will allow the auto maker to build up to 330,000 vehicles per year, up from 200,000 units currently. China’s Shanghai Automotive Industry Corp. owns 51.33% of Ssangyong, the fourth-largest auto maker in South Korea. A spokesman says construction on two new production ...
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