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Latest news at 14.11.2019 | 08:23 EET

ISTORIC Samsung

Samsung Renault Samsung Motors is a South Korean automobile manufacturer. It was first established as Samsung Motors in 1994 and started selling cars in 1998, just before South Korea was hit by the Asian financial crisis. Negotiations with Renault started in December 1998 and in September 2000 Renault bought a 70% stake for $512 million. Samsung Motors (also known as SMI) was built out by the will of the Samsung group's chairman, Kun Hee Lee, who regarded [...]

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