bankrupt
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Automotive
Edison Motors Set To Buy Ssangyong For RM 1.1 Billion
A corporate agreement to finalise the sale of Ssangyong will apparently be finalised next month. The past year hasn’t been…
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Automotive
Ssangyong Looks Set For New Ownership Come November
There are apparently now 9 potential suitors who are interested in the struggling Ssangyong. When Ssangyong was put up for…
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Motorsports
McLaren commences to retire 1,200 staff across the Group
Two days ago the McLaren Group made a surprise announcement that they will be cutting their workforce across their business…
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Automotive
Hertz goes bankrupt after years of losses
The 102-year-old Hertz car rental company filed for bankruptcy protection last week Friday. The heavily in debt car rental company…
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