SsangYong Motor Company

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SsangYong Motor Company (hangul:쌍용자동차) is the fourth largest South Korean automobile manufacturer.[1] It was founded as Hadonghwan Motor Company in 1954 and started by building jeeps for the US Army. Beginning in 1976, Hadonghwan produced a variety of special purpose vehicles. After changing its name to Dong-A Motor in 1977, it was taken over by Ssangyong Business Group in 1988 and changed its name to SsangYong Motor. The name SsangYong means twin dragons. In 1991 it started a technology partnership with Daimler-Benz (now DaimlerChrysler). Later, it purchased United Kingdom-based specialty car maker Panther Westwinds.

In 1997 Daewoo Motors bought a controlling stake, 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.

KG Group Acquisition and Rebrand to KG Mobility

In November 2022, SsangYong Motor Company's majority shareholding was acquired by the KG Group. Resulting in a name change and rebrand to KG Mobility. The KG Group is a large Korean company operating in various industries including chemicals, steel, hospitality, and media. The acquisition of SsangYong Motor Company offered an opportunity to expand into the automotive industry with further vertical integration opportunities in future due to the global pivot towards electrification.

Model lineup

Passenger cars and SUVs

Actyon
Actyon Sports
Chairman
Istana (based on the Mercedes-Benz MB100)
Korando
Kyron
Musso
Musso Sports
Rexton
Rodius/Stavic

Commercial vehicles

SY Truck
Transstar

Concept Cars

Wz Concept

image (between 170-190 pixels)
	SSANGYONG
	Shanghai Automotive Industry Corporation Chery \| Roewe \| Ssangyong Models Actyon · Actyon Sports · Chairman · Istana · Korando · Kyron · Musso · Musso Sports · Rexton · Rodius/Stavic · SY Truck · Transstar Concept Models Wz Concept · C200 Concept · C200 Eco Concept · C200 Aero Concept Include notable internal links here
edit	name of founder/s	Corporate website	A brand of the Shanghai Automotive Industry Corporation

External links