Ssangyong Motor, Accelerating New Start with Company-wide Organizational Restructuring

Expanded and Reorganized into 2 Divisions, 8 Headquarters, and 28 Business Units

[Asia Economy Reporter Kiho Sung] Ssangyong Motor confirmed a company-wide organizational restructuring and executive appointments on the 5th, embarking on a new start in earnest.

This organizational restructuring was implemented with a focus on actively responding to changes in the new management environment due to mergers and acquisitions (M&A) ahead of the conclusion of the rehabilitation process, as well as early business normalization and enhancement of corporate value.

Accordingly, Ssangyong Motor expanded and reorganized from the current structure of 7 headquarters and 26 departments to a system of 2 divisions, 8 headquarters, and 28 business units. To strengthen efficiency and expertise, a 'division' overseeing integrated headquarters and a business support headquarters supporting production, sales, and development tasks were newly established.

In particular, to enhance the business mindset of the relevant tasks, the domestic and overseas sales headquarters were changed to 'business headquarters.' The current 'department' designation was also changed to 'business unit,' emphasizing the strengthening of the overall company's management performance functions.

Additionally, to restore the basic functions reduced by the commencement of corporate rehabilitation procedures and to build a foundation for future growth and development, an organization integrating future advanced electronic technologies scattered within the current organization was also newly established.

Meanwhile, Ssangyong Motor implemented internal executive promotions to boost morale and inject new vitality into the organization following the successful promotion of corporate rehabilitation procedures and M&A.

Ssangyong Motor stated, "This organizational restructuring focused on actively responding to changes in the new management environment due to M&A and enhancing overall company management performance by leveraging efficiency and expertise. We will not only achieve early business normalization but also recreate the glory of Ssangyong Motor as a leading SUV brand through the successful development of new vehicles such as the U100."

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