Renault announced that the Korea SsangYong motor lodge formal acquisition applications
CRI's hearing according to foreign media reports, Reynolds Motors 7 June confirmed to the media, a subsidiary of Renault with the Korea and Reynolds- Samsung Nissan partners together has officially to Korea SsangYong motor company acquired application was submitted.
In funding shortfalls experienced operational difficulties, SsangYong motor company in the first half of 2009, officially declared bankrupt, is currently in Korea Government under bankruptcy protection. Last week, SsangYong motor company acquired on six submitted applications for competitive procurement party conducted due diligence to determine whether the Party six bidders have acquired SsangYong motor company's capital adequacy.
In addition to Reno, the other five home buyer to Korea private capital fund enterprise investment company in Seoul (Seoul Invest), Daewoo Bus Company (Daewoo Bus), India Ma la de motor company (Mahindra