Sollers offers to buy Ssangyong, make models in Russia

When SsangYong went into receivership last week, the question we naturally had was "What happens to Phoenix Motorcars now?" We still don't know for sure, but we might not need that answer right away if reports in Automotive News Europe (subs req'd) are accurate. ANE says that the Russian carmaker Sollers is trying to purchase the rights to make SsangYong's SUVs. Phoenix uses the SsangYong Actyon SUV as a basis for making its all-electric SUV and SUT. Sollers already has a deal with SsangYong to make the Rexton II and Kyron sport utility vehicles in Russia. A statement from Sollers said this offer, "would allow Sollers to continue manufacturing SsangYong models in Russia completely independently of the Korean company."

[Source: Automotive News Europe (subs req'd)]