Ssangyong Motor Partner Company "Large Corporation Parts Suppliers, Please Resume Supply"

[Image source=Yonhap News]

[Asia Economy Reporter Kiho Sung] 350 small and medium-sized parts suppliers delivering to Ssangyong Motor have appealed to large corporate parts manufacturers to "resume parts supply and help Ssangyong Motor's business normalization."

The Ssangyong Motor Cooperative, composed of Ssangyong Motor partner companies, stated in an appeal on the 30th, "We request parts supply and support not only for the prompt business normalization of Ssangyong Motor but also for the employment stability and survival of small and medium-sized partners with over 160,000 employees."

They emphasized, "Some large corporations and foreign parts suppliers are refusing to supply parts citing rehabilitation procedures, putting Ssangyong Motor at risk of production suspension. As a result, most small and medium-sized partners cannot operate production lines and are being driven into a chain of bankruptcies and unemployment crises."

The partners urged the government and public for attention and support, saying, "We, as partners, will also spare no effort to cooperate with national policies and Ssangyong Motor's rehabilitation as members of the national automobile industry in the future."

Meanwhile, the Ssangyong Motor Cooperative also sent an official letter to its members the day before, urging them to continue parts supply.

This content was produced with the assistance of AI translation services.