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SsangYong confirms Mahindra as sole distributor in South Africa
Posted on 22 Jun 20123,050 Views Comments
Mahindra South Africa (MSA) an affiliate of automaker Mahindra and Mahindra that acquired a 70 per cent stake in the Korean car maker last year will distribute Ssangyong vehicles in South Africa
South Korean automaker SsangYong, bought over by India's M&M group, has confirmed that MSA is its sole distributor in South Africa and neighbouring countries amid reports of a dispute with Twin Dragons Automotive (TDA), which previously handled the business.
"Mahindra South Africa (MSA) took over responsibility for sales, service and parts supply in South Africa, Namibia, Botswana and Mozambique on April 1," said SsangYong Motor Vice-President Johng Sik Choi.
Choi's comments follow reports that TDA was considering legal action to continue as a distributor of SsangYong products.
"The distribution contract with the previous distributors, TDA, a company in the (South African) Imperial Group, expired on March 31," Choi added.
MSA, an affiliate of automaker Mahindra and Mahindra, announced in April that it would market SsangYong products in South Africa after M&M acquired a 70 per cent stake in the Korean car maker last year.
MSA has established a firm presence in South Africa since starting up in 2004, with sales of about 18,000 vehicles in a very competitive market.
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