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REPORT: Ssangyong restarts production
Korean automaker Ssangyong has reportedly restarted five of its production lines at its plants in Pyeongtaek and Changwon. Earlier this month, Ssangyong was forced to enter receivership as a last ditch effort to stave off bankruptcy after failing to negotiate a deal with Shanghai Automotive Industry Corp., the Korean automaker's Chinese owners, and Korea Development Bank, its largest creditor. Prior to those negotiations, Ssangyong was hemorrhaging money due to a 50% drop in sales, which ultimately led to the inability to make payroll and ... Read more →
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REPORT: Ssangyong restarts production 10 months ago on Autoblog
Korean automaker Ssangyong has reportedly restarted five of its production lines at its plants in Pyeongtaek and Changwon. Earlier this month, Ssangyong was forced to enter receivership as a last ditch effort to stave off bankruptcy after failing to negotiate a deal with Shanghai Automotive ...
Rumormill: China Automobile almost kicked out of Frankfurt show? 2 years ago on Autoblog
According to UK-based media service Headline Auto, one of the hot rumors flying around the Auto Messe in Frankfurt earlier this morning was that China Automobile, the German importer for Chinese automaker Shuanghuan, was going to get booted out of the exhibit hall. The controversy stems from some ...
Geely sales skyrocket at home 3 years ago on Autoblog
The United States may be a little wary of China's Geely Automobile Holdings, Ltd., but folks in China are all over the automaker, pushing sales March sales up 36.2 percent over last year, with sales of 16,788 units. The manufacturer isn't doing too badly this quarter, ...
Citroen C-Triomphe headed for China 3 years ago on Autoblog
China loves its sedans. The exploding market favors the three-box shape to the tune of 80-percent market share, so it isn't surprising that Citroen has grafted a trunk to its C4 in order to curry favor. As seen here, the C-Triomphe is a lengthened C4 with the wheelbase extended, lending the ...
Autoblog Podcast #156: Paukert comes back for more!
Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.
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