Tag: SsangYong Motor

SsangYong Motor

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KG Mobility Chairman Kwak Jea-sun talks about the company's future business strategies at a press conference held in central Seoul Thursday. [KG MOBILITY]

[EXCLUSIVE] KG to deliver Torres EVX to Sweden and Norway in March

KG Mobility will start delivering its Torres EVX, the pure electric version of the hit Torres SUV, in Sweden and Norway in March next year at the earliest.

2023.9.21

The Supreme Court building in Seocho District, southern Seoul [JOONGANG ILBO]

Supreme Court orders recalculation of strikers' liabilities

The Supreme Court ruled Thursday that the liability of labor strike participants should be calculated on an individual basis, a landmark decision that is expected to curtail damages that can recouped by companies from strikers in future lawsuits.

2023.6.15

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KG Mobility Chairman Kwak Jea-sun speaks during the ″Vision Tech Day″ event held at Kintex, Gyeonggi, on Tuesday. [KG MOBILITY]

KG Mobility to focus on quality over brand name as an EV market contender

KG Mobility will strengthen its mobility capability in an effort to become a stronger contender in the electronic vehicle (EV) market. The carmaker, previously known as SsangYong Motor, presented its plans during the “Vision Tech Day” event held...

2023.4.4

KG Mobility's headquarters in Pyeongtaek, Gyeonggi. [YONHAP]

SsangYong Motor changes name to KG Mobility

SsangYong Motor will get a fresh start as KG Mobility.

2023.3.22

Torres SUVs are on the road. [SSANGYONG MOTOR]

SsangYong Motor records losses last year but at sharply reduced rate

SsangYong Motor continued to bleed red ink last year, but at a sharply reduced rate helped by increased sales of its latest Torres SUV.

2023.2.21

SsangYong Motor Chairman Kwak Jea-sun announces the automaker's name change to KG Mobility during an event hosted by the Korea Automobile Journalists Association Wednesday evening. [YONHAP]

SsangYong Motor hopes for a big comeback as KG Mobility

SsangYong Motor is seeking to change its name to KG Mobility, the company's first name change in 35 years, as it aims for a for a fresh start after a long slump.

2022.12.22

SsangYong Motor to seek approval for new name: KG Mobility

SsangYong Motor will operate under a new name, KG Mobility, its new chief has said, in a move signaling a new chapter in the company's decades-long history marked by long restructuring efforts.

2022.12.22

The entrance to SsangYong Motor's factory in Pyeongtaek, Gyeonggi on May 13, 2022. [YONHAP]

SsangYong Motor released from court receivership

SsangYong Motor was released from court receivership Friday, a year and six months after it was put under receivership as its parent company failed to find a new investor.

2022.11.11