India's Mahindra & Mahindra Seals SsangYong Acquisition

Indian industrial giant Mahindra & Mahindra announced today that it has completed the acquisition of a majority stake in South Korea's SsangYong Motor Company, with the deal also signaling that SsangYong is no longer in court receivership. Mahindra won the bid for the troubled Korean carmaker in August 2010.
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Geneva 2011: SsangYong Says SUT 1 Aims to be the “World’s Best Pickup Truck”…

Ladies and gents, meet South Korea's SsanYong latest creation, the SUT 1 Concept that was revealed at this week's 2011 Geneva Motor Show. The SUT 1 is a pre-production study of an SUV with a truck bed at the back that will replace the current Actyon Sports. According to the troubled (in more ways than one, as you'll see) automaker, the goal of the SUT 1 concept is simple -ahem- "to be the world's best pick-up truck."
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SsangYong Believes Actyon Sports is Popular Enough to Spawn a Successor, Concept Model Coming to Geneva

SsangYong, the ailing South Korean automaker that will soon pass into the control of India's Mahindra & Mahindra, will present a new concept model of its Actyon Sports at the Geneva Motor Show in early March. To be precise, SsangYong said in a statement that it will show "a stylish new concept of its popular Actyon Sports" called the SUT 1. You can see a selection of pictures of the current "popular" Actyon Sports as well as its precursor, the unforgettable Musso SUT after the jump.
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