(MENAFN) Ssangyong Motor Co., owned by Mahindra & Mahindra, India's top automaker, intends to enter the U.S. market in four years to compete with global carmakers in one of the globe's biggest markets.
The Indian multinational automobile manufacturing corporation has attempted before to tap into the American market with its small-sized pickup truck, however it had to put the plan on hold due to fierce competition.
Additionally, as for the Chinese market, the 4th largest South Korea-based carmaker is carefully considering an option for domestic production by significantly utilizing production facilities there.
"We are making preparations to enter the U.S. market in time for the launch of our SIV 2 concept car displayed during the Geneva motor show, which might be late 2019 or early 2020 ," stated Ssangyong's CEO.
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