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Established in 1954, SsangYong Motor Company is a South Korean automobile manufacturer owned by Mahindra & Mahindra Limited of India.It is a subsidiary of Indian multinational Mahindra & Mahindra A 70% share of SsangYong was acquired by Mahindra & Mahindra Limited in February 2011, after being named the preferred bidder in 2010 to acquire the bankruptcy-protected company.
Mahindra's attainment was accepted by South Korea's Free Trade Commission. Mahindra & Mahindra Limited gained 70% share in the Korean automobile manufacturer after it was chosen to bid for the bankruptcy-protected firm in 2010, on February 2011.
SsangYong markets a range of automobiles from passenger cars to commercial vehicles internationally. In 2012, SsangYong cars were introduced in India with Rexton as its first model in the Domestic market.
SsangYong motors, a Korean car maker is also one of the largest manufacturers of SUVs and Crossovers in South Korea. Now integrated with the Mahindra Group, Ssangyong Motors made its debut in the country in 2012. With the presence in over 90 countries, Ssangyong Motors has made a name for itself and is a part of Mahindra, has now entered the country.