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US firm, 2 local firms submit LOIs for SsangYong Motor


US firm, 2 local firms submit LOIs for SsangYong Motor
Posted : 2021-07-30 15:20
Updated : 2021-07-30 16:12
A U.S. vehicle importer, a South Korea builder and a consortium led by a South Korean electric bus maker submitted letters of intent to acquire SsangYong Motor Co., they said Friday. Yonhap
A U.S. vehicle importer, a South Korea builder and a consortium led by a South Korean electric bus maker submitted letters of intent to acquire SsangYong Motor Co., they said Friday.
U.S.-based Cardinal One Motors, SM Group and Edison Motors Co. joined the race to acquire the financially troubled carmaker to expand their business portfolios. ....

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