K-News Bulletin

12.July.2021: SsangYong Motor puts factory on the block


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SsangYong Motor, the debt-laden automaker in court receivership, is selling its Pyeongtaek factory, its only facility for auto assembly.
 
The company has been making cars there for 42 years.
 
Both the land and the factory are being unloaded, according to an announcement Sunday by the troubled automaker and the city of Pyeongtaek, Gyeonggi.


Full Article: https://koreajoongangdaily.joins.com/2021/07/11/business/industry/ssangyong-motor/20210711180116792.html

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K-News BulletinBy Korea JoongAng Daily