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Topic: SsangYong Motor Company


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In the News (Tue 24 Nov 09)

  
  SsangYong Motor Company - Wikipedia, the free encyclopedia
SsangYong Motor Company KSE: 003620 is the fourth largest South Korean automobile manufacturer.
It was founded as Hadonghwan Motor Company in 1954 and started by building jeeps for the US Army.
After changing its name to Dong-A Motor in 1977, it was taken over by Ssangyong Business Group in 1988 and changed its name to SsangYong Motor.
en.wikipedia.org /wiki/SsangYong_Motor_Company   (195 words)

  
 SsangYong Group - Wikipedia, the free encyclopedia
SsangYong Group is a South Korean based Chaebol or conglomerate.
SsangYong, literally meaning "Double Dragon", is also the name of SsangYong Motor Company.
This page was last modified 18:57, 25 February 2006.
en.wikipedia.org /wiki/SsangYong_Group   (67 words)

  
 :: Welcome to SsangYong Ireland. ::
SsangYong Motors began its business as a manufacturer of commercial vehicles such as trucks, buses, and special purpose vehicles including mixers and fire-fighting trucks.
Since then, SsangYong Motors established it presence in three major sectors of the automobile market with its sports utility vehicles, recreational vehicles and passenger cars and has established its reputation for innovation, leadership and quality.
When Daewoo Motors was acquired by General Motors, the world's largest car manufacturer, Ssangyong began its own development as a separate brand with the launch of the Rexton in 2002.
www.ssangyong.ie /about.htm   (302 words)

  
 :::CARtoday.com::: - News_Headlines
SsangYong Motor Company has recorded a record profit in the first quarter of the year, after breaking away from troubled Daewoo two years ago.
SsangYong, Korea's third largest automaker, sold 38 263 of its sport-utility vehicles (Musso, Korando and the newly launched Rexton) in the first quarter of this year, amounting to 21 per cent more than in the same period last year.
Other good news from SsangYong is that the company is currently developing a new crossover recreational vehicle and a common-rail diesel engine as part of its growth programme.
www.cartoday.com /content/news/print_pop.asp?id=2764   (310 words)

  
 [No title]   (Site not responding. Last check: 2007-10-09)
Yarra Valley Ssangyong has long been a part of Automobile excellence, in fact our state of the art service facility (formerly known as Lake Ssangyong) has been independantly caring for Mercedes Benz vehicles for 17 years and for the Ssangyong motor vehicles sold by Mercedes Benz since their Australian release 9 years ago.
Ssangyong Motor Company have been manufacturing vehicles for over five decades and are Korea's largest constructor of premium quality 4x4 vehicles.
The Ssangyong Musso Sports has standard features that have put this in a class unmatched and is the closest any carmaker has come to striking generous seating in the rear.
www.lakessangyong.com.au   (961 words)

  
 motoring.iafrica.com | news briefs Sustainable growth for Ssangyong
SsangYong Motor Co., Korea's third largest automaker, sold 38,263 of its sports utility vehicles (Musso, Korando and the newly launched Rexton) in the first quarter of this year, amounting to 21 percent more than in the same period last year.
Other good news from SsangYong in Korea is that the company is currently developing a new crossover recreational vehicle and a common-rail diesel engine as part of its growth programme.
The company intends to expand the model range in South Africa with possible models including a double cab version of the Musso and, the Rexton, designed as a competitor to the Mercedes-Benz M-Class and BMW X 5.
motoring.iafrica.com /newsbriefs/967892.htm   (495 words)

  
 Chinese firm plans to bid for Ssangyong Motor
Ssangyong Motor Co., producing mostly jeeps and a luxury sedan, has been under a creditor-led restructuring program while looking for buyers.
Creditors of Ssangyong Motor are seeking to name a preferred bidder early next month for their combined 55.4 percent stake in the automobile company.
Ssangyong, controlled by creditors, increased sales 1.1 percent from a year ago to 1.72 trillion won in the first half, with its net profit soaring 154.3 percent to 306.2 billion won.
quickstart.clari.net /qs_se/webnews/wed/bj/Qskorea-china-auto.R_V__DNH.html   (242 words)

  
 SsangYong New Zealand - Contact Details
SsangYong is now the fourth largest automaker in Korea and aims to position itself as the premium automotive company.
SsangYong vehicles were imported in limited numbers to New Zealand in the late 1990s, initially by Mercedes-Benz, and then a few more by Daewoo.
In January 2001, Russell Burling acquired the rights to import and distribute SsangYong vehicles in their own right, through his company Rapson Holdings Limited, but it was not until 2003 that Burling was able to begin building up the brand through the appointment of specialist dealers, and the expansion of the SsangYong range.
www.ssangyong.co.nz /contact.html   (532 words)

  
 Motoring - Rexton 4x4 for SA, aimed at X5
The company already imports its well-known Musso and Korando models, both powered by Mercedes-Benz petrol and diesel engines, but the Rexton is a horse of a different colour.
SsangYong Motor Korea's third largest motor manufacturer, sold 38 263 of its sports utility vehicles (Musso, Korando and the Rexton) in the first quarter of this year, amounting to 21% more than in the same period last year.
"The company was able to reduce financial costs after the creditors swapped debt for SsangYong Motor's equity and agreed to lower interests on existing loans," says S J Bang, director, international business, SsangYong Motor Korea.
www.news24.com /Wheels24/News/0,,1369-1372_1232015,00.html   (665 words)

  
 JPRI Working Paper No. 46   (Site not responding. Last check: 2007-10-09)
At the time, Ssangyong Motor was a manufacturer of four-wheel drive vehicles, but it was gearing up for entry into the passenger car market and had debts of 3.5 trillion won.
This was particularly so in the case of Kia, where Kia Motors and its affiliate Asia Motors, were tripped up by the default of their affiliates in non-related activities, particularly in the steel industry (which was suffering from the downturn in demand from the construction industry).
An agreement was reached early in February, with union federations promising to introduce legal procedures for companies to layoff workers, in return for certain concessions (such as rights for union members to engage in political activities in the workplace; paid leave for union delegates; and recognition of currently outlawed unions representing public employees and teachers).
www.jpri.org /publications/workingpapers/wp46.html   (11261 words)

  
 News Release
The Company has launched seven new mirror programs there in the last two years, and its mirrors can be found on vehicles in virtually every segment of the market, including luxury vehicles, midsize sedans, minivans, trucks and SUVs.
Gentex was the first company in the world to successfully develop and produce a commercial electrochromic mirror for the motor vehicle industry.
The Company is recognized for its quality products, its application of world class manufacturing principles, for its commitment to developing and maintaining a highly skilled workforce, and for encouraging employee ownership of the Company's stock.
phx.corporate-ir.net /phoenix.zhtml?c=72190&p=irol-newsArticle&ID=537079&highlight=   (597 words)

  
 New Ssangyong Korando joins offroad leisure market - 21/1/98
Ssangyong Korando has been engineered to please both serious offroaders and drivers seeking a ‘lifestyle’ fashion 4x4 where appearance and on-road manners just as important than departure angles.
The Ssangyong Motor Company is Korea’s fourth largest automotive manufacturer and has produced commercial vehicles for more than 40 years.
Daimler-Benz AG is a minority shareholder in the Ssangyong Motor Company and shares its technical resources.
www.fastlane.com.au /News/korando.htm   (754 words)

  
 Ford named sole bidder for Daewoo Motor
JUNE 29: Ford motor Co on Thursday was named the sole bidder in negotiations to buy ailing Daewoo Motor, in what may mark the first time one of Korea's manufacturing crown jewels is sold off to a foreign company.
Ssangyong Motor closed at its 15 per cent daily limit-up at 2,815.
Daewoo Motor has an annual output capacity of two million vehicles and is prized as a strong competitor in South Korea, Southeast Asia and Eastern Europe.
www.expressindia.com /ie/daily/20000630/ibu30037.html   (651 words)

  
 Setoral
Besides these, Hyundai Motors and KIA Motors are other Korean manufacturers that have established their presence in the Nepal market.
The additional laurel on Ssangyong’s cap is that it is the first 4WD vehicle manufacturer of Korea to acquire ISO 9001.
The motor company itself was started in 1954, while Ssangyong Group was founded early in 1939.
www.nepalnews.com /contents/englishmonthly/obusinessage/2001/mar/sectoral.htm   (2578 words)

  
 Motoring - New models for SA as SsangYong profits soar
The SsangYong Motor Company showed a record profit in the first quarter of this year as a restructuring programme, instituted after the company broke away from the ailing Daewoo Motor Company two years ago, began to bear fruit.
The company is now developing a new crossover recreational vehicle and a common-rail diesel engine as part of its growth programme.
The company intends to expand the model range in South Africa perhaps a double-cab version of the Musso and the new Rexton, designed as a competitor to the Mercedes-Benz M-Class and BMW X5," the company said.
www.motoring.co.za /index.php?fSectionId=840&fArticleId=230609   (866 words)

  
 MCAD Article Management - CorpNews - SsangYong Motor Company Unveils First Korean Car Developed Using CATIA And ENOVIA ...
SsangYong is the first Korean automaker to use both design and data management solutions from the IBM PLM Solutions portfolio for the entire automotive manufacturing process -- from planning and design to production.
Highlights of SsangYong's PLM transformation include: creating an online design system, enabling the company's designers to share product data and make inquiries in real time; generating full-scale 3D digital images; decreasing significantly the number of design changes required; and reducing the time and cost of new product development.
Since then, SsangYong Motor established its presence in three major sectors of the automobile market with its sports utility vehicles, recreational vehicles and passenger cars launching such new products as Rexton, Musso and Korando, an SUV with unique styling and outstanding performance, Istana (MB 100), and Chairman, luxury passenger car.
www10.mcadcafe.com /nbc/articles/index.php?articleid=130913   (1180 words)

  
 Dismantling of Yesterday's Economic Engines
This means the ending of cross- subsidization of weak industries by strong ones, and of a pattern of borrowing in which companies within the chaebol that have healthy balance sheets obtain capital for others in the red.
Perhaps most important, it means an eventual end to the days when the country's industrial chairmen wielded total, and often totally secret, decision-making power over their sprawling empires, even though they controlled as little as 5 percent of the stock.
Early this year, however, he found himself unable to meet the payments of the creditors, who responded to the company's ballooning debt by imposing shorter and shorter terms on their loans.
partners.nytimes.com /library/world/asia/090399korea-daewoo.html   (1500 words)

  
 CITY SSANGYONG
CONTACT US We at City Ssangyong are part of the re-launch of this fantastic franchise and are committed to supporting the product.
We have invested heavily and are proud to provide you with state of the art facilities for all you sales,parts and service needs.
Ssangyong motor company was formed in 1986 in South Korea, we specialise in 4WD diesel passenger and light commercial vehicles.In 1991 Ssangyong formed a alliance with Mercedes Benz wich involved licensing petrol and diesel engines as well as many other components.That alliance still exists today as Mercedes Benz continues to be a shareholder.
www.cityssangyong.com.au   (172 words)

  
 Bloomberg.com: Asia
Ssangyong shares, which have almost doubled this year, rose as much as 8.6 percent in Seoul, even as the benchmark Kospi index fell 0.4 percent.
Detroit-based General Motors, the world's biggest automaker, is one of eight multinational companies that submitted letters of intent to Ssangyong Motor's creditors, according to Chosun Ilbo, which first reported the letter.
General Motors' interest in Ssangyong Motor ``is routine and largely exploratory at this phase,'' the company said in an e-mail reply to Bloomberg's queries, declining to elaborate.
quote.bloomberg.com /apps/news?pid=10000080&refer=asia&sid=aP1tvgdiGPDI   (577 words)

  
 Jeeps in Korea on The CJ3B Page
The Korando manufactured in South Korea by SsangYong Motor Company during the 1980's and 90's deserves at least a footnote in the story of Jeeps Around the World.
SsangYong appears to have a well-established dealer network in Czechoslovakia now, so the Korandos may have been sold in Eastern Europe.
As of 1998, SsangYong Motor became part of Daewoo Motor, and the 2001 Korando line is a newly-designed small sport-utility which nevertheless echoes the Jeep grille design strongly enough that I assume there must still be a licencing arrangement with DaimlerChrysler.
www.film.queensu.ca /CJ3B/World/Korea.html   (601 words)

  
 smithway motor xpress company at Business.com   (Site not responding. Last check: 2007-10-09)
Smithway Motor Xpress is a motor freight trucking company and heavy hauling
Smithway Motor Xpress Corp. Company Profile - SMXC UNITED STATES...
Smithway Motor Xpress, Inc. is a flatbed and dry van truckload...
www.business.com /popular/Smithway_Motor_Xpress__company   (260 words)

  
 SsangYong Motor Company - TheBestLinks.com - Ssang Yong, Automobile, Hangul, Jeep, ...   (Site not responding. Last check: 2007-10-09)
SsangYong Motor Company - TheBestLinks.com - Ssang Yong, Automobile, Hangul, Jeep,...
Ssang Yong, SsangYong Motor Company, Automobile, Hangul, Jeep, South Korea, US...
SsangYong Motor is a South Korean automobile manufacturer.
www.thebestlinks.com /Ssang_Yong.html   (167 words)

  
 Ssangyong Motor Company
The Ssangyong Business Group was founded in 1939 and is now a large conglomerate with interests in cement, oil, paper and financial, information and leisure services.
Ssangyong formed an alliance with Mercedes Benz in 1991, licensing light commercial diesel and petrol engines and other components.
SsangYong means twin dragons and refers to a legend in which two dragons waited 1000 years to fly to dragon heaven.
www.ebroadcast.com.au /ecars/Ssangyong/Ssangyong.html   (426 words)

  
 Street-Car - SsangYong
The SsangYong Motor Company Ltd was established in 1988 after the renaming of Ha Dong-hwan Motor Company, a firm that dated back to 1954.
In 1998 Daewoo acquired SsangYong, but this didn’t last long as when General Motors acquired Daewoo in 2000, SsangYong was made independent again.
SsangYong currently appears to be thriving as an independent concern.
www.street-car.net /forums/showthread.php?t=67   (171 words)

  
 Bloomberg.com: Top Worldwide
Ssangyong was put up for sale last month by Chohung Bank and 27 other creditors as part of a plan to recover debt owed by the automaker's bankrupt parent Daewoo Group.
General Motors, which created GM Daewoo in October last year after buying the carmaking plants of Daewoo Motor Co., wants to use control of Ssangyong to expand in Korea and China.
General Motors is one of eight multinational companies that submitted letters of intent to Sangyong Motor creditors, Chosun Ilbo said.
quote.bloomberg.com /apps/news?pid=10000006&sid=ayHonU.O6XBc&refer=home   (417 words)

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