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KGM, formerly SsangYong, has received a large investment from Chery as the Chinese giant looks to secure a long-term strategic presence in South Korea. Subscribe now for unlimited access. or signup to continue reading Save 30% All articles from our website & app The digital version of Today’s Paper Crosswords, Sudoku and Trivia All other in your area Chery has pledged a US$75 million (over $107 million) investment in Korea’s third largest automaker, following on from a previously-announced deal to build a mid-size and large SUV using Chery platforms in South Korea. Both brands will also deepen collaborations on software,…
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