Mahindra to unload SsangYong – report

Indian car maker Mahindra is looking to unload its 75 per cent share of SsangYong – South Korea’s fourth-largest vehicle producer – amid declining profits during the global coronavirus pandemic. “SsangYong needs a new investor. We are working with the company to see if we can secure investment,” Mahindra’s managing director Pawan Kumar Goenka told Automotive News Europe.