Friday, January 1, 2021

Mahindra set to announce new buyer for SsangYong next week

SsangYong has filed for court receivership with the Seoul Bankruptcy Court after failing to repay loans of about 60 billion won (Rs 408 crore) due on December 14 to lenders including JPMorgan Chase, Bank of America and BNP Paribas.

from Auto-Industry-Economic Times https://ift.tt/3n4oiaH
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Hyundai's Chennai plant resumes operations after fire, targets full recovery by June 22

Hyundai Motor India's Chennai plant is recovering after a fire at a supplier's facility. Production at Chennai Plant 1 was affected,...