Friction between Shanghai Automotive Industry Corp., a major state-owned Chinese automaker, and its Korean subsidiary SsangYong Motor has reached a climax. In early January, SsangYong filed for bankruptcy protection in Korea.
Friction between Shanghai Automotive Industry Corp., a major state-owned Chinese automaker, and its Korean subsidiary SsangYong Motor has reached a climax. In early January, SsangYong filed for bankruptcy protection in Korea.