SKorean carmaker demise felt around world

In every industrialised nation across the world, a country’s automotive industry continues to be a massive driver of the economy, employment, technological advancement and even self esteem. Some nations have perfected design and development, some have perfected manufacturing, and all share their relative strengths with each other to make great cars. So as South Korea’s fifth-largest carmaker Ssangyong went into receivership, which was owned by China’s largest, and supplied by Australia’s smallest component manufacturers, a classic example of the flow on effect followed.

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