SsangYong could be acquired by Korean steel company - report

After Edison Motors’ takeover fell through, SsangYong may have a new saviour that’s willing to pay a lot more. Yonhap reports a consortium led by chemical-to-steel firm KG Group was chosen by the Seoul Bankruptcy Court last Friday as the ...

Top 10 worst cars of all time!: SsangYong Stavic, Holden Captiva & more! CarsGuide Podcast #230

Video of 10 worst cars of all time! Biggest car, ute and SUV fails in history named – CarsGuide Podcast #230 Episode 230 – Top 10 worst cars of all time! In this episode, James Cleary, Byron Mathioudakis and Andrew ...

New-look 2021 SsangYong Musso on sale in Australia from $34,990

SsangYong has announced a new-look 2021 Muss0 4×4 dual-cab ute for the Australian market, with the entry-level variant priced from just $34,990 drive-away. The company says the new model offers more sophisticated styling, and features more kit for the two-variant ...

SsangYong Korando e-Motion a chance for Oz

Korean car-maker could get jump on mainstream brands with new mid-size electric SUV

2022 Ford Everest pricing hits new heights! Isuzu MU-X, Mitsubishi Pajero Sport, Toyota Prado and SsangYong Rexton rival now more expensive than ever

Ford’s 2022 Everest is now more expensive than before, with prices topping out at $77,690 BOCs Ford Australia’s new-generation Everest has jumped up in price by as much as $3200 when compared with the outgoing Ranger-based SUV. Prices for ...

Indebted SsangYong Motors to sell to Korean EV company, about $260m – report

SsangYoung Motors, a Korean manufacturer that has seen its fair share of debt in recent years, is reportedly in talks about a potential sale to an electric vehicle startup company that is just six years old. According to a Nikkei ...

SsangYong officially in trouble again! Woes for Korea's number three brand continue as its latest potential buyer is forced to file for bankruptcy

SsangYong’s potential buyer goes bankrupt, officially scuttling deal and sending the brand back onto the open market. SsangYong’s tumultuous years-long ownership saga is set to start over, as the deal locked in in January that was meant to secure ...

SsangYong Rexton Adds Limited Edition for 2022 MY

SsangYong Rexton Black Edition – SsangYong Australia has responded to demand for Rexton’s top-grade variant by introducing a Black Edition limited-edition to the top of the 2022 range. MY22 Rexton line-up enhanced with Black Edition Dark exterior treatment for the ...

2022 SsangYong Rexton goes back to Black: New limited Black Edition tops the range of Isuzu MU-X, Ford Everest SUV rival

The Black Edition is based on the range-topping SsangYong Rexton Ultimate. SsangYong has jumped on the ‘black pack’ train by launching a limited-edition version of its Rexton SUV. The large seven-seat off-road wagon line-up will now be topped by ...

SsangYong Rexton Black Edition launched

Black-pack special-edition based on Rexton Ultimate set to help boost sales of SsangYong’s large SUV A new limited-run 2022 SsangYong Rexton Black Edition will join the South Korean brand’s large SUV line-up in August. Priced from $56,585 drive-away and based ...

2022 SsangYong Rexton price and specs

The oft-overlooked SsangYong Rexton gets that special edition cliché for 2022: a Black Edition. Available in either Space Black or Pearl White, the limited edition is based on the range-topping Ultimate and features more cosmetic tweaks than some blacked-out special ...

SsangYong attracts four bidders following acquisition deal collapse - report

Four bidders have filed letters of intent to bid for ailing SsangYong Motor Co, but none of them are car companies. Pulse News reports the four companies include chemical and steel conglomerate KG Group, Pavilion Private Equity, electric vehicle parts ...

2022 SsangYong Musso price and specs

The SsangYong Musso has received some updates for 2022, but it hasn’t received as many as in its home market of Korea. Prices are up by $800 across the range, with the cheapest Musso now starting at $35,790 drive-away. The ...

2022 SsangYong Musso pricing and features

Snapshot 2022 SsangYong Musso price and specs announced No powertrain changes, but exterior, interior, and tech updates Priced from $35,790 before on-road costs The 2022 SsangYong Musso is about to arrive in Australia, bringing with it a number of tech ...

SsangYong Torres will be Korean brand’s electric SUV

IP Australia trademark filing reveals a locally-themed nameplate for all-new dedicated SsangYong EV The name of SsangYong’s next dedicated electric vehicle may have just been revealed in a new trademark application with IP Australia for the ‘Torres’ nameplate. Received by ...

Mahindra Terminates Ssangyong Sale Deal: Edison Motors Expresses Inability To Deposit Bid Amount

Mahindra has terminated the deal to sell Ssangyong Motor to Edison Motors. Mahindra has said that Edison Motors failed to deposit the bid amount decided upon to buy out Ssangyong and hence the deal has now been called off. Ssangyong ...

Mahindra Says Deal To Sell SsangYong Motor To Edison Terminated

SsangYong has been under court receivership since April 2021 in an attempt to rehabilitate it Indian carmaker Mahindra & Mahindra said on Thursday that a deal to sell its bankrupt unit, SsangYong Motor Co, to South Korean electric carmaker ...

New SsangYong Musso hero ute just months away

SsangYong Australia hikes prices but it’s otherwise business as usual as acquisition deal crumbles Pricing for the mainstream 2022 SsangYong Musso ute line-up has emerged online as the subtly updated Korean pick-up prepares to enter local showrooms, but those waiting ...

SsangYong Musso 2022 review: XLV ELX - GVM test

Is the Musso worth considering over a Ranger or HiLux? (image credit: Mark Oastler) Likes Best-in-class warranty Build quality/refinement Value for money Dislikes No ANCAP Soft rear suspension Centre-rear lap-belt The Ssangyong Musso 4×4 ute has always been a ...

Ssangyong rescue deal falls through

Edison Motors fails to come up with funds before ownership deadline Ssangyong Motor filed for bankuptcy in late 2020. And just when we thought things would get better after their deal with Edison Motors, things have gone south again for ...

SsangYong: The history of a brand with an uncertain future

In the automotive industry, South Korea is best known for two brands, namely Hyundai and Kia. Starting small, both of these have become well-renowned brands building world-class cars like the Ioniq 5 and EV6. Perhaps less well known is Korea’s ...

Edison Motors asks court to save SsangYong acquisition deal - report

Ssangyong’s would-be suitor Edison Motors is trying to salvage its acquisition deal after it failed to make its final payment before the deadline. Pulse News reports the electric bus manufacturer has filed for a stay against the Seoul Bankruptcy Court’s ...

Will Korea bank rescue SsangYong Motor?

SEOUL: After another failed attempt by SsangYong Motor to find a new owner, all eyes are on whether the state-run Korea Development Bank (KDB) will change its mind and bail out the ailing carmaker under the incoming Yoon Suk-yeol ...

Ssangyong's Acquisition Deal With Edison Motors Falls Through: Report

SsangYong Motor has reportedly said it would now seek a new owner as soon as possible SsangYong Motor, the debt-ridden Korean carmaker that’s owned by India’s Mahindra & Mahindra, has reportedly said that a deal for its acquisition by ...

SsangYong Rescue Deal Collapses

SsangYong Motor, the beleaguered South Korean SUV specialist said a deal for its acquisition had fallen through after potential buyer, Edison Motors, had failed to pay the balance of 274.3 billion Korean won (USD 224 million). Last January, the ...

SsangYong Searching For New Buyer After Deal With Edison Motors Falls Through

SsangYong Motor announced that the acquisition deal by electric bus maker Edison Motors was canceled. According to news sources, the prospective buyer didn’t complete the payment before the deadline, with SsangYong officials stating they will look for a new buyer. ...

Ssangyong back on sale; Edison Motors misses payment deadline

They had agreed to buy the debt-ridden brand from Mahindra & Mahindra for a total of US$ 255 million. South-Korean car brand Ssangyong Motors has announced that its deal with the consortium led by Edison Motors has been called-off ...

Takeover of SsangYong Motor by consortium collapses

SEOUL: Troubled South Korean off-roader SsangYong Motor has voided the agreement for its takeover by a domestic consortium led by electric truck maker Edison Motors. The consortium had let the deadline for paying the full takeover price pass, SsangYong ...

Australia's cheapest electric ute update: The affordable SsangYong EVs and SUVs up in the air as the Hyundai and Kia compatriot brand backs out of buyout plans with EV truck firm Edison Motors

The future of SsangYong’s SUVs, trucks and EVs is unknown now that suitor Edison’s proposed acquisition plans have collapsed. SsangYong is back at square one searching for a new parent, now that South Korean truck and bus manufacturer Edison ...

SsangYong’s future in doubt as acquisition deal voided

Edison Motors’s consortium take-over bid for SsangYong looks to be in doubt, with reports out of South Korea saying the deal has been cancelled. According to Yonhap News Agency, SsangYong has walked away from the agreement after Edison Motors and ...

SsangYong in trouble again, cancels acquisition deal - report

SsangYong can’t catch a break. The Korean automaker secured a buyer last year after being kicked to the kerb by its owner Mahindra, but now that deal has been scrapped. Korean news outlet Yonhap reports SsangYong has cancelled the deal ...

SsangYong takeover on brink of collapse, as buyer runs out of money – report

The buyer of struggling Korean car maker SsangYong has failed to front up the cash required to complete its takeover, leaving the deal on the brink of collapse, according to international media outlets. In January a consortium of investors ...

SsangYong planning electric Musso ute with over 500km of range - report

After launching its Korando E-Motion, SsangYong has another vehicle in mind for an electric vehicle transformation: its Musso ute. Korean outlet Auto Post reports SsangYong’s purchaser, Edison Motors, wants to build an electric version of the Musso, known in Korea ...

SsangYong Rexton 4x4: It throws you everything but the kitchen sink

The Koreans are more than just Kia and Hyundai when it comes to cars The midsize SUV is crowded, but the Rexton more than holds its own. PHOTO BY ANDY LEUTERIO Every month, I go to the island of Marinduque ...

2021 SsangYong Korando ELX review

7.1/10Score Score breakdown 8.0 Safety, value and features 7.5 Comfort and space 7.0 Engine and gearbox 6.0 Ride and handling 7.0 Technology Things we like Modern, intriguing looks Low-down tractability Excellent value Not so much Stiff ride Highway wind noise ...

Ssangyong Musso ute 2023: electric dual-cab ute with 1000km range reportedly in development

One of the first cars built under Ssangyong’s new management, led by Edison Motors, could be an all-electric dual-cab ute Ssangyong, which is now owned by Korean electric bus company Edison Motors, could be developing a long-range battery-electric dual-cab ute ...

Pick-up trucks tested: New Isuzu D-Max vs Ford Ranger vs Ssangyong Musso vs Toyota Hilux

Pick-ups aren’t just workhorses for farmers and tradesmen; they can also serve as family vehicles. Let’s see which of the latest crop gets the job done best… The contenders New Isuzu D-Max 1.9 V-Cross auto List price inc VAT £39,245List ...

Australia's cheapest electric ute? SsangYong Musso EV could beat Kia, Hyundai to market and offer Rivian R1T-beating 1100km range - report

If the electric Musso gets the go-ahead for Australia, it could be Australia’s most affordable electric ute. SsangYong’s new owners have big plans for the Musso ute – the Korean workhorse is going electric. A report from South Korean ...

Electric SsangYong Musso due from 2023, 1100km range possible – report

An all-electric version of the SsangYong Musso ute could be in development for a launch as early as 2023, according to an unsubstantiated overseas report – capable of a driving range claim on par with a Toyota HiLux diesel. ...

Australia's cheapest large SUV gets a price bump! 2022 LDV D90 increase caused by supply issues but Mitsubishi Pajero Sport, SsangYong Musso rival still the most affordable

The LDV D90 is based on the underpinnings of the T60 ute. LDV has upped the price on its popular D90 ladder-frame SUV as a result of increased material and shipping costs over the past few months. It’s a ...

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