KGM Global (formerly KGM Motor Company) is a Korean car manufacturer specialising in 4x4s, SUVs, MPVs and pick-up trucks. Initially established in 1954, the company produced trucks, busses, and special purpose vehicles for the export market, establishing the strong and reliable DNA of its products on the market today. The headquarters for KG Mobility is in the Gangnam district of Korea’s capital, Seoul, and its principal vehicle manufacturing plant is currently at Pyungtaek, which has the capacity and latest technology to produce 240,000 cars a year. The company has invested in a new factory, in the same area, which is has been developed specifically for to accommodate the production of pure-electric vehicles. SsangYong Motor UK rebrands to KGM Motors in the UK after the acquisition of SsangYong Motor Company in Korea by the KG Group in November 2022. 

KGM UK distribution rights were acquired by Bassadone Automotive Group in 2011. Operating as KGM UK Limited in the UK, as the official importer and distributor of KGM vehicles, parts, and accessories. KGM UK Limited has undergone dramatic transformation over recent years with the implementation of a new management team and a new growth strategy with a firm focus on the expansion of an evenly spread dealer network to 80-strong in 2024. Its proposition offers UK customers a full range of SUV’s and pick-ups with generous specifications, each with value for money prices.

 

The KG Mobility Corporation, abbreviated as KGM, (formerly SsangYong Motor Company) is a Korean car manufacturer specialising in 4x4s, SUVs, MPVs and pick-up trucks. Initially established in 1954, the company produced trucks, busses, and special purpose vehicles for the export market, establishing the strong and reliable DNA of its products on the market today. The headquarters for KG Mobility is in the Gangnam district of Korea’s capital, Seoul, and its principal vehicle manufacturing plant is currently at Pyungtaek, which has the capacity and latest technology to produce 240,000 cars a year. The company has invested in a new factory, in the same area, which is has been developed specifically for to accommodate the production of pure-electric vehicles. Sales / Service location in Europe, Africa, Middle East, Central & South America, Asia, Oceania and China.

SsangYong Motor distribution rights were acquired by Bassadone Automotive Group in 2011. Operating as SsangYong Motor UK Limited in the UK, as the official importer and distributor of SsangYong vehicles, parts, and accessories. SsangYong Motor UK Limited has undergone dramatic transformation over recent years with the implementation of a new management team and a new growth strategy with a firm focus on the expansion of an evenly spread dealer network to 80-strong in 2023. Its proposition offers UK customers a full range of SUV’s and pick-ups with generous specifications, each with value for money prices.

The KG Mobility Corporation traces its origins back to a manufacturer established in 1954. The company was named SsangYong Motor Company in 1988, following its acquisition by the chaebol SsangYong Group in 1986. SsangYong Motor was then acquired by Daewoo Motors, SAIC Motor, and then Mahindra & Mahindra. In 2022, the company was acquired by the KG Group and adopted its present name in March 2023.

The company main focus is sport utility vehicles (SUVs) and crossover SUVs and it is preparing for transitioning to electric cars.

KG Mobility’s existence is a history of frontiers crossed and challenges met to achieve a better future. As a premier manufacturer in Korea’s automotive industry, SsangYong is respected for its advanced styling and outstanding performance since its foundation, made possible by the company’s quality engineering.

The company entered the era of four-wheel drive vehicles in the 1980s by independently developing Musso and Korando. After 2000, SsangYong established itself as the leader of SUVs by building a full line of SUVs comprising Rexton, Korando, Actyon Sports, Tivoli and XLV.

The Korando, the oldest car brand with an SUV legitimacy in Korea, is made for both urban driving and outdoor leisure activities. It is an ideal brand for family use such as for family trips. The Tivoli brand, the leading brand in the domestic small-sized SUV segment, is changing the lifestyles of customers to become an icon of change with its trendy design and best-in-class product value.

The Rexton brand,which inherited the reputation of the Chairman, the first domestic flagship sedan in the premiumpassenger car segment, and acted as a trailblazer in the large-sized SUV market, is reborn as the New Rexton in 2017 and the New Musso in 2018, once again giving rise to new sensations in the SUV market.

KG Mobility has led the advancement of eco-friendly diesel technology through the development of an advanced, world-class common rail engine. The company is concentrating its efforts in strengthening its global competitive edge by producing small environmentally friendly, e-XDi220 engines that conform to the EURO6 standard, and has developed Electric car.

By implementing global and customer-oriented management, KG Mobility is expanding its presence in the world market. The company exports its SUVs through approximately 1,500 global networks in 126 countries, and is actively expanding its global presence by establishing distribution in most major international markets. As an example it has opened regional head offices and parts centres in strategic European locations – the region that leads the way in the automotive industry.

To secure sustainable growth, KG Mobility will not only focus on existing and mature markets but also develop emerging markets such as Central America, Eastern Europe and even target India and China, the world’s largest automobile market.

KG Mobility is increasing its efforts to develop new designs and technologies that can achieve high driving performance and reflect the company’s true identity. Moreover, by fully capitalising on its strong SUV product range, SsangYong will be able to strengthen its position as a competitive SUV maker in technical cooperation with Mahindra & Mahindra, a company that also specialises in SUVs.

Ownership

The company adopted the name KG Mobility in March 2023. As the company was renamed, its financial affiliate, SY Auto Capital, was also renamed as KG Capital. In May 2023, KG Group’s KG Inicis acquired the 49% KG Capital stake hold by KB Capital and 6% of KG Mobility’s share, leaving the latter with a 45% and KG Inicis with a 55%.

By April 2023, the controlling shareholder of KG Mobility was KG Mobility Holdings, a wholly owned subsidiary of KG ETS (a KG Group affiliate).[68] In August 2023, KG Mobility Holdings was merged into KG ETS, making KG Mobility a direct subsidiary of the latter. KG ETS holds a 58.84% of KG Mobility and it cannot sell its stake to third parties until April 2026.

KG Mobility Corp. is traded on the Korea Exchange (KRX) as KG Mobility Co Ltd. ( 003620 )  KRX: 003620

Company Name	KG Mobility Corp.
Chairman	Jae Sun Kwak
CEO	Yong Won Jeong
Business Domain	Automobile manufacturing and sales
Date of Establishment	Dec. 6, 1962
Paid-in Capital	KRW 934.8 billion
Total Assets	KRW 2,001.9 billion
Fiscal Period	Jan. 1 ~ Dec. 31
Headquarter	455-12 Dongsakro, Pyeongtaek City, Gyeonggi Province, Korea
Telephone Number	+82-31-610-1114

 

History

SsangYong Motor

SsangYong cars are manufactured in South Korea by SsangYong Motor, which is 73 per cent owned by the Indian engineering conglomerate Mahindra & Mahindra. Established in 1954, SsangYong is Korea’s oldest vehicle manufacturer and only 4×4 and SUV specialist producer.

The company entered the era of four-wheel drive vehicles in the 1980s by independently developing Musso and Korando. After 2000, SsangYong established itself as the leader of SUVs by building a full line of SUVs comprising Rexton, Kyron, Actyon, Korando and Actyon Sports. As Korea’s first luxury car to be equipped with a 5,000 cc V8 engine as well as 7-speed automatic transmission, Chairman W is the nation’s flagship model and competes with other leading luxury cars. SsangYong eco-friendly compact SUV Korando is SsangYong Motor’s first front wheel drive monocoque vehicle. A milestone for the company’s long-term product line-up, Korando is Korea’s longest known car brand in the global SUV market.

SsangYong Motor has led the advancement of eco-friendly diesel technology through the development of an advanced, world-class common rail engine. The company is concentrating its efforts in strengthening its global competitive edge by producing small environmentally friendly, eXDi200 engines that conform to the EURO5 standard, and is already developing a new engine that is EURO6 compliant.

By implementing global and customer-oriented management, SsangYong Motor is expanding its presence in the world market. The company exports its SUVs through some 1,652 sales outlets in over 115 countries, and is actively expanding its global presence by establishing distribution in most major international markets. As an example it has opened regional head offices and parts centres in strategic European locations – the region that leads the way in the automotive industry.

Mahindra & Mahindra

Founded in 1945 as a steel trading company, we entered automotive manufacturing in 1947 with a license to bring the iconic Willys Jeep onto Indian roads. Over the years, we’ve diversified into many new businesses in order to better meet the needs of our customers. We follow a unique business model of creating empowered companies that enjoy the best of entrepreneurial independence and Group-wide synergies. This principle has led our growth into a US $16.9 billion multinational group with more than 200,000 employees in over 100 countries across the globe. operations span 18 key industries that form the foundation of every modern economy: aerospace, aftermarket, agribusiness, automotive, components, construction equipment, consulting services, defense, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate, retail, and two wheelers.