Ssangyong

Indian automaker Mahindra & Mahindra has officially sunk its teeth into South Korean automaker Ssangyong to the tune of $463.6 million. For that low, low price Mahindra has effectively walked away with a 70 percent controlling stake in Ssangyong through the purchase of newly released shares in the company and existing corporate bonds. The move follows up on a pact to acquire Ssangyong tha

Ssangyong Korando gets crossed up – Click above for high-res image gallery

India's Mahindra & Mahindra may be joining forces with South Korea's Ssangyong to share technology, costs and to create one of the biggest producers of SUVs in the world.

We got a little more information from Phoenix Motorcars today about the introduction of the company's "newly configured Sports Utility Truck" this week. As we mentioned this morning, the SUT has been a long time coming and Bryon Bliss, Phoenix Motorcars' VP of sales and marketing, said that:

Even though Ssangyong Motor, a Korean company, claims it does not have any plans to sue the Shanghai Automotive Industry Corporation (SAIC), Korean prosecutors said yesterday that SAIC illegally took information about gasoline-electric hybrid technology from Ssangyong in 2006. The Seoul Central District Prosecutors' Office has indicted seven engineers at Ssangyong for leaking the information to SAIC, which at the ti

Phoenix SUT - Click above for high-res image gallery

Phoenix Motorcars, the company behind the much-anticipated electric SUT with the SsangYong body and Altairnano battery has given their website a fresh look in anticipation of increased traffic. Set to finally begin building their vehicles for fleet customers and take a few retail orders

Though not scheduled to be officially unveiled before the end of the month, a pair of pics has already been released of the redesigned Rexton II from the Chinese-owned Korean automaker Ssangyong (click here to see its UK site). The Rexton doesn’t appear all that large from the outside, but this ute can swallow seven people just like the new Toyota RAV4 with which it appears to share a D-pillar. The Rexton II also sports a very Mercedes-like