The news was confirmed to The Korea Herald by the KG Group’s chairman, Kwak Jea-Sun.
“The name SsangYong Motor has a fandom with good memories, but it also has a painful image,” said Kwak. “From now, all SsangYong cars will come out to the world under the name of KG. Even with the name change, SsangYong Motor’s history will not change.”
The odd thing about SsangYong is that it had everything going for it at one stage. Its halo car, the Musso, was powered by a Mercedes-Benz-sourced engine. The second-generation Korando was also a decent alternative to the Jeep Wrangler, also powered by several Mercedes engines.
SsangYong’s troubles started after it was bought out by Daewoo and SAIC, which now has a working relationship with General Motors. The resulting vehicles were disastrous. We have no idea who signed off on the Rodius, but they should feel very ashamed. Look at the sad car below and tell us you disagree.