Volkwagen wants to buy Ssangyong of Coreea!

Well, it seems like he’s bored of his French beauty (Bugatti), his English rose (Bentley), his German frauliein (Audi) and his Spanish senorita (SEAT) and now, according to the Chosun Ilbo, has his sights on the South Korean salad dodger, Ssangyong. Yup, Ssangyong. Seriously.

That’s right, Ssangyong. The company who even the Chinese couldn’t handle, is apparently going to be courted by the company who has Porsche in their portfolio.

Sounds barking mad, right? Well, there is a slight logic to this apparent loss of sanity.
You see, Ssangyong’s facilities can churn out 250,000 cars a year, so if VW can pick the company up for a peanuts, they’ll increase their production capacity to service Asia and bring them one step closer to their global ambitions.

Not only will they get extra production capacity, they’ll also get easy access to Korea’s IT and electric vehicle technologies.

Not bad if you want to create a hybrid.
Ssangyong’s current owner SAIC are also interested in regaining control of Ssangyong once the bankruptcy court has put this pig on a drastic diet, but are scared of the anger and resentment if it tries to take them over. So, to cushion the blow they may involve their partner. And who is SAIC’s partner? That’s right old Ferdinand “Ze vorld iz mine” Piech’s Volkswagen.

Personally, I can’t see this happening. Who in the name of sanity would want to buy a company where the workers are willing to die to save their factory?! Can you imagine how tough cost cutting would be?

Piech: We need to close this factory…..
Ssangyong workers: Never! The Rodius must live! Kill the bald one!!!!!