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