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  Desscythe17
2023-03-05 14:37 | Toyota terminated their partnership with Shinjin Motors in 1972, who then started a joint venture with General Motors to form GM Korea. Shinjin went into receivership in the middle of the 70s, and the Korean bank took over its shares in GM Korea. It would later become Saehan and afterwards Daewoo. There was also a partnership between Shinjin and AMC to build Jeeps, which became independent in 1975. It was renamed Keohwa Motors, later Dong-A Motors, and eventually became SsangYong. -- Last edit: 2023-03-06 10:59:58 |