S.Korea's Ssangyong Motor creditors to rethink sale


By Jean Yoon SEOUL, March 29 (Reuters) - Creditors of South Korea's Ssangyong Motor Co could take months to rethink the sale of the carmaker after an initial deal with a Chinese firm fell apart, bank officials and analysts said on Monday. Creditors are not expected to rush into a fresh deal, fearing their ability to extract a high price has weakened considerably after preferred bidder Blue Star failed to agree on a price. The South Korean car maker has a market value of $1 billion, but ...

Premium Content (PAID Subscription Required)

"S.Korea's Ssangyong Motor creditors to rethink sale" 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: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×