
SsangYong Motor Company is the fourth largest South Korea-based automobile manufacturer. The name SsangYong means double dragons.
A 70% share of SsangYong was acquired by Indian Mahindra & Mahindra Limited, in February 2011, after being named the preferred bidder in 2010 to acquire the bankruptcy-protected company.
SsangYong originally started out as two separate companies; Ha Dong-hwan Motor Workshop (established in 1954) and Dongbang Motor Co (established in 1962). In mid-1963, the two companies merged into Ha Dong-hwan Motor Co.
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