Sollers offers to buy Ssangyong, make models in Russia
Click above for high-res gallery of the SsangYong Actyon
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."
Gallery: SsangYong Actyon
[Source: Automotive News Europe (subs req'd)]
Reader Comments (Page 1 of 1)
Carney 1:49PM (1/14/2009)
It's going to be interesting to see whether China, and especially Chinese companies will travel the same route as the Japanese, from "cheap junk" to "world standard for quality."
I have my doubts.
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Ken B 10:47PM (1/14/2009)
"SSANGYONG"..... WWell, TThese CCHinese GGuys CCannot EEven PProduce AA PPlastic FFlashlight TThat CCan SScrew BBack OOn RReliable. Products from China are PPoop.
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ug 9:51AM (1/15/2009)
Let it die. That thing is ugly. Phoenix can slap batteries and a motor into any car. There is nothing special about this thing.
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