UPDATE 2-S.Korea urges SAIC to support Ssangyong

Newswire

(Recasts to lead with government plan, updates shares) By Kim Yeon-hee and Marie-France Han SEOUL, Dec 26 (Reuters) - Some South Korean carmakers, battered by a brutal global slowdown in sales, may get a funding boost from creditor institutions next year, the government said on Friday, briefly driving up shares in troubled Ssangyong Motor by as much as 7 percent. Ssangyong, which makes the Rexton and Kyron sport utility vehicles and ranks fifth among South Korea's automakers, has been ...

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