Mahindra reportedly inks deal to buy Ssangyong for $463M
According to Mahindra, the match is a partnership made in heaven, with the Indian carmaker able to supply both cash and marketing grunt that should mesh well with Ssangyong's technological prowess.
We're guessing that the South Korean carmaker is just glad to have someone to help pull it out of the throws of bankruptcy.
[Source: The Wall Street Journal - sub. req.]
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models