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KG Mobility to take over Edison Motors

KG Mobility said Monday it will look to strengthen its commercial vehicle portfolio after being picked as the final candidate to acquire Edison Motors. With approval from the local court in Changwon, South Gyeongsang Province, of KG Mobility as the final takeover candidate, Edison Motors can complete the corporate rehabilitation process once it submits a debt recovery plan and acquires an agreement from creditors. KG.

SsangYong s boxy new SUV on track, could come with EV

The SsangYong Torres is set to arrive locally late in 2023 or early in 2024, with the electric.

Over 160 companies to participate in Seoul Mobility Show

The 2023 Seoul Mobility Show, the largest car exhibition in Korea, will be held at Kintex in Goyang, Gyeonggi Province, for 10 days from March 31, with more than 160 companies taking part. The Seoul Mobility Show Organizing Committee held a press conference at the Automobile Center in Seoul and disclosed the main events for the exhibition, Thursday.

SsangYong s Jan sales jump 46% on strong exports

SsangYong Motor said Wednesday its sales jumped 46 percent last month from a year earlier, helped by robust sales of its SUV models.

SsangYong s Dec sales up 3 9% on strong exports

SsangYong Motor said Tuesday its sales rose 3.9 percent last month from a year earlier, helped by robust overseas demand for its SUV models.

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