ROK Drop

Avatar of GI KoreaBy on January 22nd, 2013 at 1:22 pm

Picture of the Day: Does Ssangyong Have Something To Hide?

The leadership of the union of Ssangyong Motor Co. objects to a parliamentary inspection into the troubled carmaker during a new conference at the National Assembly in Seoul on Jan. 22, 2013. Opposition parties are seeking the probe, citing suspicions over the carmaker’s illegal accounting practices and suicides committed by its laid-off workers. Ssangyong, the smallest carmaker in South Korea, is currently owned by Indian automotive group Mahindra & Mahindra Ltd. Later in the day, the unionized workers and residents near by the carmaker in Pyeongtaek, some 70 kilometers south of Seoul, delivered some 110,000 petitions against a parliamentary inspection to ruling and opposition parties, insisting it will pour cold water on their desperate efforts to revive the financially-strapped company after a massive lay-off and the ensuing months-long strike. (Yonhap)

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8
  • jim
    7:11 pm on January 22nd, 2013 1

    they’ve made crappy cars for decades. fortunately for the korean taxpayer, ssangyong isn’t too big to fail.

  • Teadrinker
    7:16 pm on January 22nd, 2013 2

    The worker’s union at Ssangyong sure likes to protest and go on strikes.

  • new guy
    12:54 am on January 23rd, 2013 3

    Mahindra has owned them for over a year now, almost two and nothing has happened. They originally wanted the SUV’s for India but they are sure to transfer production anyway once they get sales started (if possible) in India. They have had some small successes in Europe lately with the new Korando. It is cheap in Europe but its still a get what you pay for thing, so not booming sales.

  • Teadrinker
    4:13 am on January 23rd, 2013 4

    #3,

    Yes, my wife checked the new Korandos out and she said that although it looks nice on the outside, the interior looks dated and cheap.

  • William
    9:31 am on January 23rd, 2013 5

    Korandos have a really crappy maintenance record.

    Still, that NEVER stops ex-marines from snapping them up to ride around pating their ROKMC emblems all over it.

    ROK Marines, once they get out of active duty never seem to give up being a Marine and seem to be very prone to joining regional ROKMC associations and make patrols of neighborhoods and meetings in refurbished shiping containers staged underneeth bridges and in in the hick countryside…

  • William
    9:34 am on January 23rd, 2013 6

    Having said all that, the Samyong Chairman is one heck of a comfortable Archie Bunkie CEO kind of ride. Built like a tank with moar power and comfort than a Mercedes.

  • jim
    5:41 pm on January 27th, 2013 7

    #6, the chairman is a mercedes. good job investigating.

  • Teadrinker
    6:54 pm on January 27th, 2013 8

    #6,

    Unfortunately, it’s not a very reliable automobile.

 

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