Tuesday, August 17, 2021

Cash-strapped SsangYong Motor narrows net losses in first half of 2021

​Some of the self help measures include its employees taking a 2 year unpaid leave, cut in wages , welfare benefits and the proposed sale of its Pyeongtaek plant. The South Korean SUV maker has been under court protection since April this year as Mahindra failed to attract a potential investor.

from Auto-Industry-Economic Times https://ift.tt/2UmUVbe
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