SsangYong Motor Company
SsangYong Motor Company
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legal form | Corporation |
ISIN | KR7003620002 |
founding | 1954 |
Seat | Seoul , South Korea |
management |
Johng-Sik Choi , President and CEO Pawan Kumar Goenka , Chairman of the Supervisory Board |
Branch | Automobile manufacturing |
Website | www.ssangyong.de |
Korean spelling | |
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Korean alphabet : | 쌍용 자동차 |
Hanja : | 雙龍 自動 車 |
Revised Romanization : | ssangyong jadongcha |
McCune-Reischauer : | ssangyong chatongch'a |
SsangYong Motor ( Korean: ssangyong - twin dragon) is the fourth largest South Korean automobile manufacturer . Since 2011 it has been majority owned by the Indian Mahindra & Mahindra Limited .
Company history
The company was founded in January 1954 as Ha Dong-hwan Motor Workshop , which manufactured jeeps for the United States Army . In 1963 this company merged with Dongbang Motor Co., Ltd., which was founded in 1962 . to Ha Dong-hwan Motor Co., Ltd . The export business started in 1966 with the "H7H R-66" bus.
A source states that the brand name was Dong-A from 1954 to 1988 . Another source lists the earlier brand names as Ha Dong-hwan from 1954 to 1977 and Dong-A from 1977 to 1988.
The Shinjin Motor Co. (not to be confused with shinjin motors ) founded in 1974 with AMC , the joint venture Shinjin Jeep engine , the 1979 Shinjin Motor Co. and renamed in 1981 to Geohwa Co. was. This company was merged with Dong-A in 1985.
From 1976 Ha Dong-hwan built special vehicles. The company was renamed Dong-A Motor in 1977 . In 1983 the model name Korando was taken over from the Shinjin jeeps. In November 1986 the SsangYong Group joined the company, took over the British specialty vehicle manufacturer Panther Westwinds and changed the company name again to SsangYong Motor .
In 1991 a technology partnership was agreed with Daimler-Benz , which spanned various agreements and led to a 5% stake in January 1993. There were agreements on the development of vans (February 1991), gasoline engines (October 1992), passenger cars (February 1993) and diesel engines (November 1993).
In 1997, Daewoo Motors finally bought the majority stake in the company, whereby SsangYong vehicles and thus also Mercedes-Benz replicas were offered as identical models under the brand name Daewoo ( Badge Engineering ). Daewoo already sold SsangYong in 2000 because the conglomerate ( Korean: Jaebeol ) got into financial problems itself. At the end of October 2004, the Chinese automobile manufacturer SAIC ( Shanghai Automotive Industry Corporation ) finally took over 48.9% of the shares in SsangYong Motors Company .
On 9 January 2009, the District Court of Seoul bankruptcy protection for SsangYong applied for. Four days later, production was temporarily suspended because the company could no longer pay the suppliers due to liquidity problems. However, on February 5, production at the Pyeongtaek and Changwon plants resumed.
Mahindra & Mahindra Limited , India , announced on August 23, 2010 that it had issued a memorandum of understanding to acquire the majority of SsangYong Motor Company. The transaction was completed in February 2011.
See also: Timeline of Korean Car Makes
Models
SsangYong models timeline since 1983 | ||||||||||||||||||||||||||||||||||||||
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Type | independently | Daewoo Group | independently | SAIC | M&M | |||||||||||||||||||||||||||||||||
1980s | 1990s | 2000s | 2010s | 2020s | ||||||||||||||||||||||||||||||||||
3 | 4th | 5 | 6th | 7th | 8th | 9 | 0 | 1 | 2 | 3 | 4th | 5 | 6th | 7th | 8th | 9 | 0 | 1 | 2 | 3 | 4th | 5 | 6th | 7th | 8th | 9 | 0 | 1 | 2 | 3 | 4th | 5 | 6th | 7th | 8th | 9 | 0 | |
Upper class | Chairman (CM / H) | Chairman (W) | ||||||||||||||||||||||||||||||||||||
Van | Rodius I | Rodius II | ||||||||||||||||||||||||||||||||||||
Compact SUV | Tivoli | |||||||||||||||||||||||||||||||||||||
XLV | ||||||||||||||||||||||||||||||||||||||
Actyon / Korando / Tradie | Korando C / New Actyon | Korando C | ||||||||||||||||||||||||||||||||||||
SUV | Musso | Kyron | ||||||||||||||||||||||||||||||||||||
Rexton | Rexton (W) | Rexton (Y400) | ||||||||||||||||||||||||||||||||||||
Pick up | Musso Sports | Actyon Sports | Musso | |||||||||||||||||||||||||||||||||||
Off-road vehicle | Korando (K4 / K6 / K9) | Korando (E / KJ) | ||||||||||||||||||||||||||||||||||||
Korando (Family) | ||||||||||||||||||||||||||||||||||||||
Roadster | Kallista | |||||||||||||||||||||||||||||||||||||
minibus | Istana | |||||||||||||||||||||||||||||||||||||
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construction time | model series | annotation | image |
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Sports utility vehicle / off-road vehicle |
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since 2006 |
SsangYong Actyon SsangYong Korando SsangYong Korando CT |
replaces the Korando | |
since 2006 |
SsangYong Actyon Sports SsangYong Korando Sports SsangYong Tradie |
replaces the Musso Sports | |
1997–2006 since 2010 |
SsangYong Korando SsangYong New Actyon |
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since 2005 | SsangYong Kyron | replaces the Musso | |
1993-2005 |
SsangYong Musso SsangYong Musso Libero |
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SsangYong Musso Sports | |||
since 2001 | SsangYong Rexton | ||
since 2015 | SsangYong Tivoli | ||
Van |
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since 2004 |
SsangYong Rodius SsangYong Stavic |
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SsangYong Istana | Based on the Mercedes-Benz MB 100 | ||
Upper class |
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since 1997 | SsangYong Chairman | Based on the Mercedes-Benz W 210 | |
buses
truck
Concept vehicles
SsangYong SUT 1 ( Geneva Motor Show 2011)
SsangYong Wz ( IAA 2007)
SsangYong Wz (IAA 2007)
Web links
- SsangYong Motor Company, with company history
- SsangYong Motors Germany GmbH
- SsangYong Motors Deutschland GmbH newsroom
- SsangYong Switzerland AG
- SsangYong on KBS World
Individual evidence
- ↑ a b Nandini Sen Gupta: M&M seals $ 470m Ssangyong deal . Times of India , February 16, 2011, English. Retrieved October 1, 2012.
- ↑ SsangYong company history (English)
- ↑ Harald H. Linz, Halwart Schrader : The International Automobile Encyclopedia . United Soft Media Verlag, Munich 2008, ISBN 978-3-8032-9876-8 , chapter Dong-A.
- ↑ d'Auto to Ha Dong-hwan (Dutch, accessed December 27, 2015)
- ^ D'Auto to Dong-A (Dutch, accessed December 27, 2015)
- ↑ Jimmyn Parc: An eclectic approach to enhancing the competitive advantage of nations: analyzing the success factors of East Asian economies with a focus on the development o. In: theses.fr. June 17, 2014, accessed April 6, 2018 (French).