Ssangyong, which has actually been purchased out by KG Group, was relabelled KG Mobility in an investors’ conference on Wednesday.
The SUV maker loses its uncomfortable name after 35 rollercoaster years in business that saw it battle for much of the last years and travel through the hands of numerous potential heros.
The last one, India’s Mahindra, quit in 2015 and offered it to KG.
As KG Mobility it will now concentrate on electrical and self-driving cars and likewise broaden into future innovation aside from vehicles.
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