Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / China

Ssangyong And SAIC In SUV Deal

May 2006 | Company Finance Alert

South Korea's Ssangyong Motor has reached an agreement with majority shareholder Shanghai Automotive Industry Corp, to export completely knocked down (CKD) kits of a mid-range SUV to be assembled in China. Ssangyong hopes to be selling 20,000 units of the petrol-powered Kyron in China by 2008, compared with just 748 units of its diesel-powered SUVs in

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