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SsangYong seeks new buyer after Edison Motors deal falls through
1 month ago - By High Gear Media
Struggling Korean automaker SsangYong is back on sale after a sale agreement made with a consortium led by fellow Korean automaker Edison Motors in January fell through. The consortium had agreed to pay $255 million for SsangYong which has been under insolvency protection since 2020, but failed to meet a payment deadline on March 25. In a...
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