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Article: BRIEFING - ASIA AUTOMOTIVE - NOV 12, 2009.

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AsiaPulse News
Article date:
November 12, 2009
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An executive briefing on the automotive industry for Nov 12, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

KOREA'S SSANGYONG MOTOR POSTS 8TH STRAIGHT LOSS IN Q3

SEOUL - South Korea's embattled Ssangyong Motor Co. (KSE:003620) reported Thursday its eighth straight quarterly loss for the third quarter of this year, casting another shadow on the company's efforts to emerge from bankruptcy.

The third-quarter net loss at Ssangyong, which has been under bankruptcy protection since February, widened to 89.7 billion won (US$77.5 million) ...

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