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SsangYong going for "radical restructuring" and "business as usual"

Last April, the SsangYong's future looked bright, with new diesel hybrid technology and a 20-vehicle global line-up trumpeted loudly. Things went downhill after that, with the company going into receivership (like Chapter 11 bankruptcy) and then the Sollers offer. On Friday, a court in South Korea (SsangYong is a South Korean company) granted the company "court receivership" status. This means the company now has time to restructure itself but also leads to a very confusing press release. As you can read after the break, the announcement ... Read more →

SsangYong will have 20 new models in five years, some with diesel hybrid tech Sebastian Blanco

SsangYong going for "radical restructuring" and "business as usual" 10 months ago on Autoblog Green

SsangYong will have 20 new models in five years, some with diesel hybrid tech 1 year ago on Autoblog Green

Click image for a gallery of the SsangYong Actyon Last month, SsangYong shared a few details about its new diesel hybrid powertrain that cuts NOx emissions by 10 percent and gets a 25-30 percent fuel economy boost (or thereabouts) when it displayed a model of the powertrain in Geneva. In an ...

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Guide to Common Green Acronymns

CAFE – Corporate Average Fuel Economy. A system used in the U.S. to define mileage requirements of new vehicles.

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