SEOUL, July 30 (Reuters) - South Korean sport utility vehicle (SUV) maker, Ssangyong Motor Co , said on Tuesday it would invest 199.6 billion won ($168.4 million) to build a new engine plant in the southern part of the country. Ssangyong, one of the nation's smallest automakers which creditors rescued from collapse last year, posted record sales in the first half of this year on government tax cuts on car purchases and strong demand for its Rexton and Korando SUV models. The automaker ...
Premium Content (PAID Subscription Required)
"Ssangyong Motor to invest $168 mln in S.Korea plant" 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!
Current subscribers, please login or CLICK for support information.