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Ssangyong Motor Co., Ltd.

Ssangyong Motor Co., Ltd. is a manufacturer of automobiles primarily engaged in production of sports utility vehicles (SUVs) and recreational vehicles (RVs). The Company's production is grouped into four lines: SUVs under brand names REXTON, KYRON and ACTYON; sports utility trucks (SUTs) under the brand name ACTYON Sports; passenger cars under brand name Chairman, and multi-purpose vehicles (MPVs) under the brand name Rodius. It also provides automobile parts such as coolers, engine oil filters, headlamp bulb and others. During the year ended December 31, 2007, the Company had a production capacity of 219,220 units of vehicles and its actual production output was 122,857 units of vehicles. The Company has two manufacturing factories in Pyeongtaek and Changwon.

  

News

Asian Markets Overview of April 8, 2010: Osaka Gas(TYO:9532) Currently Not Seeking CBM LNG Long-Term Contracts

🕔4/8/2010 1:30:54 PM 10524

Overnight US stocks broadly declined after new figures from the Federal Reserve showed that consumer credit dropped unexpectedly in February. The sharp plunge in consumer credit was an indication that households are still in a cautious frame of mind despite U.S. economic recovery. Asian markets opened lower this morning following the drops in Wall Street. But Wednesday most Asian stocks gained, helped by stronger oil prices and upbeat corporate earnings. Hong Kong's Hang Seng surged 1.8 per cent, while China's Shanghai Composite fell 0.3 per cent as real estate shares were hurt by fears of further measures to cool the property market. Japan's Nikkei 225 posted a 0.1 per cent rise and South Korea's Kospi Composite finished nearly unchanged.

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A Korean Fund May Buy 51% Stake in Ssangyong (SEO:003620)

🕔9/2/2009 5:21:45 PM 6467

A Korean private equity fund has proposed to purchase 51 per cent stake in carmaker Ssangyong Motor (SEO:003620) for KRW300 billion-KRW400 billion, said a Korean media.

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Asian Markets Overview of February 19

🕔2/19/2009 3:00:27 PM 18822

Yesterday Asian markets ended lower after big overnight losses on Wall Street and on concerns about European banks. Tokyo's Nikkei index reached its lowest since October. Shanghai Composite saw a massive 4.7% fall in a single day. Hong Kong's Hang Seng Index ended up 0.6% and Taiwan's Taiex gained 0.2%.

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Asian Markets Overview of February 6

🕔2/6/2009 4:00:15 PM 13117

Asian markets opened higher today after Wall Street's gains. Yesterday Asia's major indexes closed broadly weaker on the further gloomy economic data of the US. Tokyo and Shanghai markets were slightly down while Hong Kong stocks gained 0.9% on hope of Chinese government's support to the mainland shares.

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