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China: SAIC may continue divesting Ssangyong stake

SAIC Motor Corp may continue to cut its holdings in troubled South Korean vehicle manufacturer Ssangyong Motor, China Business News said. An unnamed SAIC executive has said that the Chinese OEM will not rule out a further reduction of its 3.79% stake in Ssangyong, through the stock market, Reuters said, citing Subscribe to Automotive World … Continued

SAIC Motor Corp may continue to cut its holdings in troubled South Korean vehicle manufacturer Ssangyong Motor, China Business News said.

An unnamed SAIC executive has said that the Chinese OEM will not rule out a further reduction of its 3.79% stake in Ssangyong, through the stock market, Reuters said, citing

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https://www.automotiveworld.com/articles/82945-china-saic-may-continue-divesting-ssangyong-stake/

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