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Ssangyong receives 80 billion won from Mahindra

Last Updated: Thursday, May 23, 2013, 15:05

Ssangyong Motor Co, part of the Mahindra Group, on Thursday said it has received 80 billion Korean won (about Rs 400 crore) from its majority shareholder Mahindra & Mahindra Group in lieu of the new shares offered to the Indian firm.

Mahindra to invest $73 million on Korean arm Ssangyong

Last Updated: Thursday, February 14, 2013, 18:09

Auto major Mahindra & Mahindra (M&M) on Thursday said it will invest 80 billion Korean Won (about USD 73.73 million) on its Korean subsidiary Ssangyong Motor Co (SMC), through subscription of a preferential allotment.

Mahindra in talks to set up assembly line in Russia

Last Updated: Tuesday, February 21, 2012, 14:58

Automaker Mahindra & Mahindra is in talks with South Korea's Ssangyong Motor Co distributor in Russia to set up an assembly line, the Indian company's head said on Tuesday.

Ssangyong Motor says aims to lift sales by a third in 2013

Last Updated: Tuesday, September 20, 2011, 12:47

Ssangyong Motor Co, in which India's Mahindra & Mahindra Ltd is a majority shareholder, aims to expand vehicle sales volume and revenue by a third in 2013 from this year by launching five improved models and lifting overseas sales.