India: US firm HAAH Automotive reaches out to M&M to invest in SsangYong

India: US firm HAAH Automotive reaches out to M&M to invest in SsangYong

Visual from the company website

US-based automobile distributor HAAH Automotive Holdings has reached out to India’s Mahindra & Mahindra Ltd (M&M) with an offer to invest USD 258 million in the latter’s Korean subsidiary SsangYong Motor Company, according to a report by the news agency Korean Investors.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter