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SsangYong Torres SUV successful at house, Aussie launch pushed again

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Enduring Korean battler SsangYong just lately revealed a brand new SUV known as the Torres, to take a seat between the acquainted Korando and Rexton fashions.

The excellent news, from an Australian perspective, is it seems just like the funky-looking Torres will certainly make its method to native sellers. The dangerous information is, not till the latter levels of subsequent yr.

A SsangYong spokesman instructed us this week the corporate was “engaged on” getting the car right here, however stated a late 2023 launch was the doubtless state of affairs.

MORE: SsangYong, the history of a brand with an uncertain future

One motive for the lag is clearly rampant demand for the Torres at house in Korea. SsangYong says the brand new SUV broke its file for pre-orders (12,000), and added that it at the moment holds north of fifty,000 “contracts”, which means patrons able to take supply.

These are rounding-error numbers to an enormous like Hyundai Motor, however they’re massive numbers to a minnow like SsangYong – at its common present run charge, that’s about six months price of complete model gross sales, globally.

Accordingly, Ssangyong stated this week in Korea that it deliberate to conduct weekend additional time at its plant to pump out extra models, thereby whittling down its excellent order financial institution.

What the heck is a SsangYong Torres?

At 4700mm lengthy and 1890mm extensive, the Torres is about the identical dimension as the favored Mitsubishi Outlander.

It’s no firebrand: energy comes from a 1.5-litre turbocharged petrol engine making 125kW – this seems to be the identical engine as that used within the 250mm-shorter SsangYong Korando.

Each front- and all-wheel drive can be found, with the engine paired to a six-speed Aisin computerized transmission. MacPherson strut suspension (entrance), and multi-link (rear), function.

With each seating rows in use, SsangYong claims a beneficiant boot capability of 703 litres on the VDA normal – which means the boot is measured by filling the load area with litre blocks.

There’s a 12.3-inch touchscreen infotainment system up entrance, together with an 8.0-inch touchscreen for the local weather controls, and a digital instrument cluster.

Out there security tools contains eight airbags; plus autonomous emergency braking, blind-spot monitoring, cross-traffic alert, protected exit warning, and adaptive cruise management.

SsangYong newest

SsangYong’s majority proprietor Mahindra & Mahindra put it up on the market a while in the past, with quite a few entities kicking the tyres together with Korean electrical bus producer Edison Motors.

Final we heard – June 29 – a consortium led by chemical and metal conglomerate KG Group had been approved by the Seoul Bankruptcy Court as SsangYong’s ultimate bidder.

The consortium, which incorporates Seoul-based personal fairness companies Cactus Personal Fairness and Pavilion Personal Fairness, will reportedly acquire SsangYong for 950 billion gained (A$1.04 billion), together with 600 billion gained (A$671 million) of working capital.

SsangYong was reportedly aiming to signal a take care of the KG Group consortium in early July, earlier than submitting its rehabilitation plan to the courtroom later that month for approval in late August.

The Korea Financial Each day reviews the consortium will current the rehabilitation plan to SsangYong’s collectors for approval at a gathering scheduled for late August.

MORE: Korean steel firm chosen as SsangYong’s final bidder – report
MORE: SsangYong attracts four bidders following acquisition deal collapse – report
MORE: SsangYong, the history of a brand with an uncertain future
MORE: Edison Motors asks court to save SsangYong acquisition deal – report
MORE: 2023 SsangYong Torres revealed



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