In 1997 Daewoo Motors bought a controlling stake from the Ssangyong Group, only to sell it off again in 2000, because the conglomerate ran into deep financial troubles. In late 2004, the Chinese automobile manufacturer SAIC (Shanghai Automotive Industry Corporation) took a 51% stake of SsangYong Motor Company.
In January 2009, after recording a $75.42 million loss, the company was put into receivership. This was due to the global economic crisis and shrinking demand.
Passenger cars and SUVs
- Actyon (2006)
- Actyon Sports (2006)
- Chairman (1997); renamed as Chairman W from 2008)
- Kyron (2005)
- Musso (1993-2005)
- Musso Sports (2003-2005)
- Rexton (2001-2005)
- Rexton II (2006)
- Rodius/ Stavic (2004)
- SY Truck (based on Mercedes-Benz trucks)
- Transstar (based on the Mercedes-Benz O404)
- Istana (based on the Mercedes-Benz MB100)