KGM Motors UK is launching the all-new Torres mid-size crossover SUV in the UK, but folks might be unfamiliar with the brand name - it's SsangYong's new moniker
Kim Suk-won, former chairman of the now-defunct Ssangyong Group, has died of old age, his aides said Saturday. He was 78. Kim took over the midsized business group, which started as a cement-making company in 1975. The business group went on to aggressively expand into the construction, financial and automaking sectors. In 1986, Ssangyong Group took over a local automaker that focused on producing SUVs. But Kim'.
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Global Sae-A Group replaced Ssangyong E&C CEO Kim Seok-joon with Global Sae-A CEO Kim Ki-myung, who will maintain his position as the head of the holding firm of Sae-A Trading, an OEM clothing manufacturer, the group said Monday. The announcement was made a few days after the group completed the acquisition of the builder from the Investment Corporation of Dubai (ICD).
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