By on November 24, 2010

The drawn-out drama of who would get what was left of the busted SAIC-Ssangyong deal has come to an – at least preliminary- end.  Oneindia reports that India’s Mahindra & Mahindra bought the pieces of Korean Ssangyong. TTAC readers are not surprised.

Mahindra & Mahindra had been selected as the preferential bidder in August, but you know how it is: The accountants take their time, the lawyers run up the clock arguing about items in side-letters.

Mahindra & Mahindra got Ssangyong on the cheap, published reports talk about $464m.

Now for the more pressing question: When will Mahindra & Mahindra finally bring the diesel-powered trucks and SUVs to U.S. shores?

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2 Comments on “Unsurprising News Of The Day: Mahindra Gets Ssangyong...”


  • avatar
    DeadFlorist

    That’s appropriate.  Despite recent abominations, Ssangyong has a proud history of building able vehicles, notably the license-built CJ7’s in both wagon and four door versions way before we had a 4 door Wrangler over here.  I saw them running around Central America some years ago.

    Ahh, the stuff the American goobermint doesn’t allow us to have, for our own good of course:
    http://www.4-the-love-of-jeeps.com/korando.html

  • avatar
    postjosh

    love their cars especially the chairman:
    http://en.wikipedia.org/wiki/SsangYong_Chairman


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