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Old 6th September 2011, 16:44   #61
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Default Re: Mahindra to bid for Ssangyong. EDIT : Signs MOU Pg. 4

Ssangyong not coming to India in 2011!

"For those of us who waited for Ssangyong’s Rexton and Korando C to be launched in India, I am afraid we have to hold our breath a little longer.
Mahindra does not intend to launch Ssangyong SUVs in India this year, the reason being M&M wants to focus on its key products such as Bolero, Scorpio, Verito and more importantly the soon to come XUV500."

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Old 21st February 2014, 11:36   #62
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Default Re: Mahindra to bid for Ssangyong. EDIT : Signs MOU Pg. 4

M&M's Korean subsidiary Ssangyong Motor on path to recovery, may break even soon
MUMBAI: The turnaround towards profitability at Mahindra & Mahindra's Korean subsidiary Ssangyong Motor Company is now within reach. The Korean SUV maker on Thursday announced a record revenue growth for the year 2013 of Rs 20,200 crore and a marginal loss of Rs 13.93 crore.
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