Ssangyong Australia says “business as usual” despite bankruptcy filing in South Korea

Struggling South Korean car maker Ssangyong says it is “business as usual” and will continue to sell and service cars in Australia – despite filing for bankruptcy just days prior to Christmas 2020. Ssangyong has been in financial pain for years and Indian conglomerate Mahindra and Mahindra had been trying to sell its majority shareholding in the company over the past six months.