SSANGYONG MOTOR’S UNION ASKED TO COOPERATE IN REHABILITATION, BUSINESS TURNAROUND

Highlights –

• SsangYong Motor’s union asked to cooperate in rehabilitation, business turnaround.
• The creditor bank for the automaking company has asked for the same.
• The creditors will not give the company any money if the union doesn’t cooperate and goes on strike.
• SsangYong Motor is under debt and had filed for court receivership last month.