2011 SsangYong SsangYong
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|Engine size - Displacement - Engine capacity:||2000 cm3|
|Transmission Gearbox - Number of speeds:||Automatic|
|Drive wheels - Traction - Drivetrain:||4WD|
|Price (out of date):||$21761|
2011 SsangYong SsangYong specs, Engine size 2000cm3, Fuel type Diesel, Drive wheels 4WD, Transmission Gearbox Automatic
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
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