SsangYong Automotive Company is looking for someone to buy it

 South Korea-based SsangYong Motors Corp. is looking for a buyer after canceling its takeover deal with electric bus maker Edison Motors. And for those who are not aware, rumors about an alliance deal between SsangYong Motors, which has been faltering, led by Edison Motors, since October of the year 2021, when the two parties signed the contract in January of the current year 2022. The largest acquisition of a majority stake in SsangYong Automobiles would cost Edison Motors a financial fortune of 305 billion South Korean won, equivalent to 252 million US dollars.