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Ssangyong Motors has been approved by the court for its rehabilitation plan.

It is noteworthy whether Ssangyong Motor, which will meet its fifth owner, can be revived. 



Reporter Jeong Hye-jin reports.



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Creditors and shareholders who will decide the fate of Ssangyong Motor have gathered at the Seoul Rehabilitation Court.



With the majority of creditors in agreement with Ssangyong Motor's rehabilitation plan, the court finally approved the plan.



With this, Ssangyong Motor became the new owner of KG Group.



It seems that he will graduate from court administration in 1 year and 8 months.



The total amount of the acquisition paid by KG Group is 365.5 billion won.



[Kwak Jae-sun / Chairman of KG Group: (About the rehabilitation plan) showed more than 95% approval rate, and had many conversations with creditors in the meantime, with the mindset to try again...]



Ssangyong Motor was once represented by Korando and Musso. It has been called the luxury of SUVs.



However, the ownership started to change due to the financial crisis, and this time, KG Group became the fifth owner.



In particular, during the Shanghai Automobile era, the so-called SsangYong Motor crisis suffered serious injuries to the union, the company, and our society.



Ahead of this decision, the chairman of the union of Ssangyong Motors sent a handwritten letter to the representatives of over 350 suppliers asking them to save the company.



[Sun Mok-rae/Ssangyong Motor Union Chairman: Working hard to be reborn once again as a famous SUV with the KG group in the future...



] It also helped to change the minds of creditors.



However, it is unclear whether Ssangyong Motor will be able to respond well to a time of major change from internal combustion locomotives to electric vehicles.

[Lee Ho-geun/Professor of Department of Automobile at Daedeok University: Torres and other models also need to cost more than



1 trillion won for new car development in order to launch electric vehicles...]



should increase, and it is noteworthy whether the KG Group can continue its large-scale investment.