SsangYong Purchased by EV Conglomerate

While the Korean automaker has long been a punching bag thanks to unfortunate styling decisions in vehicles like the first Rodius, it has in fact sold its fair share of vehicles in different markets around the world. After being passed around by a variety of corporate overlords, it filed for Chapter 11 bankruptcy in December 2020.

Now, a takeover by a Korean EV company called Edison Motors has been approved by the suits in that country.

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More Korean Crossovers? Ssangyong Isn't Giving Up on the United States

Hyundai and Kia did it, so why not Ssangyong? The India-owned Korean automaker has been itching to expand its horizons for years, but tentative plans to invade the Chinese car market have fallen victim to bad timing and geopolitics. Now, the company’s board is weighing a U.S. entry.

It’s not the first time Ssangyong Motor, owned by Mahindra & Mahindra, has eyed the United States for a big volume boost. Early last year, the automaker and its parent company temporarily shelved a proposed 2019 U.S. expansion plan, with Ssangyong’s CEO warning it could “make or break” the company.

Well, the idea’s back. With Ssangyong eager to land on American shores by 2020, a new report says the company has already made its decision.

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Ssangyong's Next Rexton SUV Will Be Designed by Pininfarina - Hey, Remember the Ssangyong Rodius?

On one end of the spectrum, there’s the Ssangyong Rodius, which actually isn’t as catastrophically designed in its second-generation form as it was from 2004 to 2013.

On the other, there’s the Ferrari 250 GT Coupe Pininfarina.

Somewhere in between will be the next edition of Ssangyong’s large Rexton SUV, due in the early part of the next decade and styled by one of the world’s foremost design houses.

Bentley Bentayga, BMW X4, Lexus LX570? Get in line. The Ssangyong Rexton has secured Pininfarina’s services already.

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Ssangyong Hopes to Inject More Mediocre Crossovers Into the U.S. Market

America’s unhealthy obsession with crossover vehicles has led to Ssangyong Motor Company’s decision to enter the U.S. market by 2020.

The Korean manufacturer has hinted at, and even announced, plans to come to America before with no resulting action. This time, things seem a little more realistic, with Automotive News reporting that the company is designating two small SUVs for the United States — the Tivoli and Korando — and giving itself a slightly longer timeline.

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Rutherford: Unified Korea Would Be Car-Building Paradise

Like two brothers who really, really, really can’t get along (I can’t stress enough how much they don’t get along) no matter how hard they supposedly try, the Koreas have a hot/cold relationship, to put it mildly.

One moment, the brothers are manufacturing trinkets together in Kaesong Industrial Region, a special administrative region in the DPRK. The next, the North is threatening to bomb everyone and the South shuts off the water and electricity service (literally) to its brother’s apartment.

But what if the Koreas unified; became whole again? Mike Rutherford of AutoExpress thinks it would be a car-building paradise, with Hyundai, Kia, Samsung, and SsangYong best poised to take advantage of low-cost Northern labor and cheap, cheap land.

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Ssangyong Planning Jeep Wrangler Rival For US Market Debut

Mahindra & Mahindra’s Ssangyong is looking to enter the U.S. market, with a planned rival to the Jeep Wrangler leading the charge.

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SsangYong XAV Concept Debuts At 2015 Seoul Motor Show

While most of the eyes were on the latest and greatest debuting in New York, the SsangYong XAV concept SUV hit the ramp at the 2015 Seoul Motor Show.

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Ssangyong Making Moves Towards US Market Launch

Ssangyong has trademarked two nameplates in America, ostensibly in preparation for an American launch.

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Ssangyong Builds TTAC's Dream Vehicle
While researching Ssangyong, I came across this photo of a true unicorn – a brown, compact pickup truck.The Actyon is Ssangyong’s version of a cr…
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Ssangyong May Enter American Market

Back in February, TTAC reported that Ssangyong SUVs may be imported into the United States in the near future, and a report by Reuters confirms that significant steps have been made by parent company Mahindra to further that goal.

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Mahindra Seeking Alliances With Global Players

Despite its struggles in its native market — and, perhaps, because of said struggles — Mahindra & Mahindra is seeking to build alliances with a trio of automakers to develop its global presence.

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Korean Carmaker Ssangyong Looks At US Market During A Dramatic Rebirth

Ssangyong has had a colorful history, to put it lightly. In 1999, the Korean brand entered bankruptcy as its Chinese majority owner, SAIC Motor Company cut Ssangyong loose. Ssangyong made a frenzied attempt to cut its workforce down, and faced one of the worst labor strikes in the Korean auto industry’s history. In retaliation for the cuts, the workers of Ssangyong’s Pyongtaek production plant set fire to the plant, and later occupied it for two months. Riot police, including helicopter support, was called in eventually to clear the plant.

With Ssangyong in shambles, Indian automaker Mahindra & Mahindra bought a 70% stake in the company in 2011 and immediately went to work on labor issues. Since the acquisition, Ssangyong has not suffered any labor downtime and the once rioting workforce now appears to be diligently rebuilding the auto maker, one car at a time.

In 2013, Ssangyong returned and racked up its highest sales, with 145,649 cars sold last year. 81,679 of those sales were made in overseas markets; and a spokesman for Ssangyong confirmed to WardsAuto that the Korean Automaker is looking to expand its product to the U.S. market.

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2013: A Ssangyong Oddity
The world’s ugliest car, the Ssangyong Rodius, has gotten a new mug for 2013. Possibly the least anticipated debut at next week’s Geneva Auto Sh…
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World's Ugliest Car Gets A Redesign
The current Ssangyong Rodius is without question the world’s ugliest car. Having seen them in the Middle East and Europe, I can confirm that they make…
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Saab Outselling Lotus Nearly 2:1 In UK
Timothy Cain’s sales numbers for the UK provide a pretty sobering snapshot of Lotus and its quest for survival. Year-to-date, the brand is dead last i…
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  • MaintenanceCosts I'd like to see a comparison between this and the base Model S, which should have similar performance numbers.I spent five days and 500 miles with a base 2022 Model S in Texas last week, and enjoyed it far more than my previous Model 3 drives - I think the Model S is a very good to excellent car, although "FSD" is a huge fail and I'd still have a lot of trouble giving Elon Musk money.
  • DesertNative In hindsight, it's fascinating to see how much annual re-styling American cars received in the 1950's. Of course, that's before they had to direct their resources to other things like crash-worthiness, passenger safety, pollution controls, etc. It was a heady time for car designers, but the rest of us have benefited immeasurably from the subsequent changes.
  • Cprescott Aside for how long it takes to charge golf carts since I don't live in a place where I can have my own charger, is the game that golf cart makers play when your battery fails and they blame you and charge you $15-25k to replace them.
  • Legacygt I am somewhat tired of hearing complaints about the fuel economy of 3-row crossovers. Particularly since they all get pretty much the same. In this class, the Highlander Hybrid gets excellent fuel economy. Beyond that, it's hard to complain about one when they're all within a couple mpgs of each other.
  • SCE to AUX "we had an unprecedented number of visits to the online configurator"Nobody paid attention when the name was "Milano", because it was expected. Mission accomplished!