Further cooperation agreement with SsangYong

  • Date
    12 October 1992
  • Description
    Mercedes-Benz AG and South Korea's SsangYong Motor Company (SYMC) sign another cooperation agreement providing for the production of petrol engines in addition to the already agreed licence manufacture of Mercedes-Benz diesel engines and vans. Daimler-Benz AG takes a 5 % stake in SsangYong.