A model poses next to a SsangYong Tivoli crossover during the second press day ahead of the 85th International Motor Show in Geneva March 4, 2015. REUTERS/Arnd Wiegmann (SWITZERLAND - Tags: TRANSPORT BUSINESS)

A man takes a photograph of Ssangyong Motor Co's Tivoli during its launch ceremony in Seoul January 13, 2015. Ssangyong Motor unveiled the Tivoli in South Korea on Tuesday, its first new model launch in four years, hoping to accelerate its turnaround from the brink of bankruptcy in the wake of the global financial crisis. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

Chairman of Mahindra & Mahindra Anand G. Mahindra (2nd L) and the President and CEO of Ssangyong Motor Co Lee Yoo-il (2nd R) stand with models posing with Ssangyong Motor Co's Tivoli during its launch ceremony in Seoul January 13, 2015. Ssangyong Motor unveiled the Tivoli in South Korea on Tuesday, its first new model launch in four years, hoping to accelerate its turnaround from the brink of bankruptcy in the wake of the global financial crisis. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

Chairman of Mahindra & Mahindra Anand G. Mahindra (2nd L) and the President and CEO of Ssangyong Motor Co Lee Yoo-il (2nd R) stand with models posing with Ssangyong Motor Co's Tivoli during its launch ceremony in Seoul January 13, 2015. Ssangyong Motor unveiled the Tivoli in South Korea on Tuesday, its first new model launch in four years, hoping to accelerate its turnaround from the brink of bankruptcy in the wake of the global financial crisis. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

Models pose with Ssangyong Motor Co's Tivoli during its launch ceremony in Seoul January 13, 2015. Ssangyong Motor unveiled the Tivoli in South Korea on Tuesday, its first new model launch in four years, hoping to accelerate its turnaround from the brink of bankruptcy in the wake of the global financial crisis. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

Pawan Goenka, president of Mahindra's automotive and farm equipment sectors, poses after his interview with Reuters in New Delhi September 11, 2014. Mahindra and Mahindra Ltd, India's largest utility vehicle maker, is conducting early-stage studies on selling cars in the United States made by its wholly owned South Korean unit Ssangyong Motor Co, a senior executive said. To match Interview MAHINDRA-SSANGYONG MTR/ REUTERS/Anindito Mukherjee (INDIA - Tags: TRANSPORT BUSINESS)

SsangYong logo is seen on the rear of new XLV compact SUV during media day, ahead of the 84th Geneva Motor Show, at the Palexpo Arena in Geneva March 4, 2014. The Geneva Motor Show will run from March 6 to 16. REUTERS/Arnd Wiegmann (SWITZERLAND - Tags: TRANSPORT BUSINESS LOGO)

Models pose with the new SsangYong XLV compact SUV during media day, ahead of the 84th Geneva Motor Show, at the Palexpo Arena in Geneva March 4, 2014. The Geneva Motor Show will run from March 6 to 16. REUTERS/Arnd Wiegmann (SWITZERLAND - Tags: TRANSPORT BUSINESS)

A model sits on a Rodeo RZ scooter at the Mahindra and Mahindra pavilion during the Indian Auto Expo in Greater Noida, on the outskirts of New Delhi February 6, 2014. Mahindra and Mahindra Ltd, India's largest utility vehicle maker, and unit Ssangyong Motor Co Ltd will launch their first jointly developed engine in the first quarter of 2015, a senior executive of the Indian company said. REUTERS/Adnan Abidi (INDIA - Tags: TRANSPORT BUSINESS)

Pawan Goenka (C), president of Mahindra's automotive and farm equipment sectors, stands next to Mahindra's concept electric sports car 'Halo' after its unveiling during the Indian Auto Expo in Greater Noida, on the outskirts of New Delhi February 6, 2014. Mahindra and Mahindra Ltd, India's largest utility vehicle maker, and unit Ssangyong Motor Co Ltd will launch their first jointly developed engine in the first quarter of 2015, a senior executive of the Indian company said. REUTERS/Adnan Abidi (INDIA - Tags: TRANSPORT BUSINESS)

Lee Yoo-il, President and CEO of Ssangyong Motor Co, speaks during an interview with Reuters at his office in Seoul December 10, 2013. Ssangyong Motor Co, a small, Indian-owned, South Korean sport utility vehicle maker, says it expects to invest nearly $1 billion on its line-up as part of a new strategic plan to break into the United States and Asian markets. The company, founded almost 60 years ago and which was recently Chinese-owned and in receivership, plans to develop four new SUV models, Lee told Reuters in an interview, hoping to launch one new product a year from 2015. Picture taken on December 10, 2013. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: BUSINESS TRANSPORT)

Lee Yoo-il, President and CEO of Ssangyong Motor Co, speaks during an interview with Reuters at his office in Seoul December 10, 2013. Ssangyong Motor Co, a small, Indian-owned, South Korean sport utility vehicle maker, says it expects to invest nearly $1 billion on its line-up as part of a new strategic plan to break into the United States and Asian markets. The company, founded almost 60 years ago and which was recently Chinese-owned and in receivership, plans to develop four new SUV models, Lee told Reuters in an interview, hoping to launch one new product a year from 2015. Picture taken on December 10, 2013. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: BUSINESS TRANSPORT)

Lee Yoo-il, President and CEO of Ssangyong Motor Co, speaks during an interview with Reuters at his office in Seoul December 10, 2013. Ssangyong Motor Co, a small, Indian-owned, South Korean sport utility vehicle maker, says it expects to invest nearly $1 billion on its line-up as part of a new strategic plan to break into the United States and Asian markets. The company, founded almost 60 years ago and which was recently Chinese-owned and in receivership, plans to develop four new SUV models, Lee told Reuters in an interview, hoping to launch one new product a year from 2015. Picture taken on December 10, 2013. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: BUSINESS TRANSPORT HEADSHOT)

Lee Yoo-il, President and CEO of Ssangyong Motor Co, speaks during an interview with Reuters at his office in Seoul December 10, 2013. Ssangyong Motor Co, a small, Indian-owned, South Korean sport utility vehicle maker, says it expects to invest nearly $1 billion on its line-up as part of a new strategic plan to break into the United States and Asian markets. The company, founded almost 60 years ago and which was recently Chinese-owned and in receivership, plans to develop four new SUV models, Lee told Reuters in an interview, hoping to launch one new product a year from 2015. Picture taken on December 10, 2013. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: BUSINESS TRANSPORT)

Abdul Ibraimo, CEO of Districar, SsangYong official representative of the Brazilian market, attends a media conference during the International Sao Paulo Motor Show media day in Sao Paulo October 23, 2012. REUTERS/Paulo Whitaker (BRAZIL - Tags: TRANSPORT BUSINESS)

Pawan Goenka (L), President of Automotive and Farm Equipment of Mahindra & Mahindra, and Yoo-Il Lee, chief executive officer of Ssangyong Motor Co, pose with the newly-launched Ssangyong Rexton SUV vehicle in Mumbai October 17, 2012. South Korean carmaker Ssangyong Motor Co Ltd wants to make India its second largest export market, by taking advantage of parent company Mahindra and Mahindra Ltd's dominance of the country's booming SUV sector. REUTERS/Vivek Prakash (INDIA - Tags: TRANSPORT BUSINESS)

A man visits the SsangYong showcase on media day at the Paris Mondial de l'Automobile, September 28, 2012. The Paris auto show opens its doors to the public from September 29 to October 14. REUTERS/Christian Hartmann (FRANCE - Tags: TRANSPORT BUSINESS LOGO)

SsangYong and Hyundai logos are seen at the carmakers' showcases on media day at the Paris Mondial de l'Automobile, September 28, 2012. The Paris auto show opens its doors to the public from September 29 to October 14. REUTERS/Christian Hartmann (FRANCE - Tags: TRANSPORT BUSINESS)

SsangYong and Hyundai logos are seen on the carmakers' showcases on media day at the Paris Mondial de l'Automobile, September 28, 2012. The Paris auto show opens its doors to the public from September 29 to October 14. REUTERS/Christian Hartmann (FRANCE - Tags: TRANSPORT BUSINESS LOGO)

An hostess stands on a South Korean automaker SsangYong car displayed on the company's booth during the first media day of the Geneva Auto Show at the Palexpo in Geneva, March 6, 2012. The Geneva Auto Show will take place from March 8 to 18, 2012. REUTERS/Denis Balibouse (SWITZERLAND - Tags: TRANSPORT BUSINESS)

A logo of South Korean automaker SsangYong is pictured on the company's booth during the first media day of the Geneva Auto Show at the Palexpo in Geneva, March 6, 2012. The Geneva Auto Show will take place from March 8 to 18, 2012. REUTERS/Denis Balibouse (SWITZERLAND - Tags: TRANSPORT BUSINESS)

The logo of Hyundai Motor is seen on a wheel of a car at a Hyundai dealership in Seoul February 1, 2012. All five South Korean car makers except Ssangyong Motor posted double-digit falls in domestic sales last month, citing the Lunar New Year holiday, which fell in February last year. Car sales are expected to dip this year due to South Korea's slowing economy and competition could heat up as its free trade deal with the United States takes effect early this year. Hyundai Motor Co's domestic sales fell 18.5 percent, while brisk overseas sales helped eke out a 3.5 percent rise globally. REUTERS/Kim Hong-Ji (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A security guard at SsangYong Motor Company looks on while a funeral service is held for a former employee at the entrance to the automaker's main plant in Pyeongtaek May 12, 2011. Kang Jong-wan, who was laid off from the carmaker following an aborted takeover in 2009, died after becoming dizzy at his job at a subcontractor's plant on Tuesday. Kang's death is the 14th among former SsangYong Motor employees or their family members since the company completed a bailout program following bankruptcy. The company's union denounced the restructuring plan which they claim is causing stress for those who lost their jobs, according to local media. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT EMPLOYMENT BUSINESS OBITUARY)

A security guard at SsangYong Motor Company looks on while a funeral service is held for a former employee at the entrance to the automaker's main plant in Pyeongtaek May 12, 2011. Kang Jong-wan, who was laid off from the carmaker following an aborted takeover in 2009, died after becoming dizzy at his job at a subcontractor's plant on Tuesday. Kang's death is the 14th among former SsangYong Motor employees or their family members since the company completed a bailout program following bankruptcy. The company's union denounced the restructuring plan which they claim is causing stress for those who lost their jobs, according to local media. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT EMPLOYMENT BUSINESS OBITUARY)

Dismissed SsangYong Motor Company workers attend a funeral service for Kang Jong-wan in front of the entrance to the automaker's main plant in Pyeongtaek May 12, 2011. Kang, who was laid off from the carmaker following an aborted takeover in 2009, died after becoming dizzy at his job at a subcontractor's plant on Tuesday. Kang's death is the 14th among former SsangYong Motor employees or their family members since the company completed a bailout program following bankruptcy. The company's union denounced the restructuring plan which they claim is causing stress for those who lost their jobs, according to local media. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT EMPLOYMENT BUSINESS OBITUARY)

A dancer performs during a funeral service for Kang Jong-wan, a former worker of SsangYong Motor, in front of the entrance to the automaker's main plant in Pyeongtaek May 12, 2011. Kang, who was laid off from the carmaker following an aborted takeover in 2009, died after becoming dizzy at his job at a subcontractor's plant on Tuesday. Kang's death is the 14th among former SsangYong Motor employees or their family members since the company completed a bailout program following bankruptcy. The company's union denounced the restructuring plan which they claim is causing stress for those who lost their jobs, according to local media. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT EMPLOYMENT BUSINESS OBITUARY)

The wife of Kang Jong-wan, a former worker at SsangYong Motor Company, cries during a funeral service in Pyeongtaek May 12, 2011. Kang, who was laid off from the carmaker following an aborted takeover in 2009, died after becoming dizzy at his job at a subcontractor's plant on Tuesday. Kang's death is the 14th among former SsangYong Motor employees or their family members since the company completed a bailout program following bankruptcy. The company's union denounced the restructuring plan which they claim is causing stress for those who lost their jobs, according to local media. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT EMPLOYMENT BUSINESS OBITUARY)

The wife of Kang Jong-wan, a former worker at SsangYong Motor Company, is helped after she collapsed during a funeral service outside the entrance to the automaker's main plant in Pyeongtaek May 12, 2011. Kang, who was laid off from the carmaker following an aborted takeover in 2009, died after becoming dizzy at his job at a subcontractor's plant on Tuesday. Kang's death is the 14th among former SsangYong Motor employees or their family members since the company completed a bailout program following bankruptcy. The company's union denounced the restructuring plan which they claim is causing stress for those who lost their jobs, according to local media. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT EMPLOYMENT BUSINESS OBITUARY)

The wife of Kang Jong-wan, a former worker at SsangYong Motor Company, cries as she holds his body during a funeral service in Pyeongtaek May 12, 2011. Kang, who was laid off from the carmaker following an aborted takeover in 2009, died after becoming dizzy at his job at a subcontractor's plant on Tuesday. Kang's death is the 14th among former SsangYong Motor employees or their family members since the company completed a bailout program following bankruptcy. The company's union denounced the restructuring plan which they claim is causing stress for those who lost their jobs, according to local media. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT EMPLOYMENT BUSINESS OBITUARY)

Pawan Goenka, President of the Automotive & Farm Equipment sectors at Mahindra & Mahindra, speaks during a media preview of the Seoul Motor Show in Goyang, north of Seoul March 31, 2011. Mahindra & Mahindra, India's largest utility vehicle maker, plans to launch Ssangyong Motor's Korando-C and Rexton SUVs in India in the first half of next year, Goenka said. The 11-day motor show event would feature 139 companies from eight participating countries, according to local media. REUTERS/Truth Leem (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

Employees work on an assembly line of the Sollers-Far East automotive factory in Russia's far eastern city of Vladivostok January 27, 2011. The factory has started the production of the SsangYong NEW Actyon. REUTERS/Yuri Maltsev (RUSSIA - Tags: TRANSPORT BUSINESS)

A new SsangYong Actyon (R) is seen at the Moscow Auto Salon 2010 (the Moscow International Motor Show), August 25, 2010. Russia's car market is emerging fast from the crisis as cheap loans return and consumer confidence grows, leading auto makers said on Wednesday as they delivered upbeat forecast for sales growth this year. REUTERS/Sergei Karpukhin (RUSSIA - Tags: TRANSPORT BUSINESS)

Pawan Kumar Goenka, Mahindra & Mahindra's president of Automotive & Farm Equipment Sectors, attends a news conference in Seoul August 23, 2010. Indian utility vehicles maker Mahindra & Mahindra said on Monday it had signed a memorandum of understanding to buy a majority stake in troubled South Korean automaker Ssangyong. South Korea's troubled Ssangyong Motor on August 12, named India's Mahindra and Mahindra as its preferred buyer in a deal that reinforces the growing clout of emerging market automakers. REUTERS/Truth Leem (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

Anand G. Mahindra, vice chairman and managing director of Mahindra & Mahindra, speaks during a news conference in Seoul August 23, 2010. Indian utility vehicles maker Mahindra & Mahindra said on Monday it had signed a memorandum of understanding to buy a majority stake in troubled South Korean automaker Ssangyong. South Korea's troubled Ssangyong Motor on August 12, named India's Mahindra and Mahindra as its preferred buyer in a deal that reinforces the growing clout of emerging market automakers. REUTERS/Truth Leem (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

Pawan Kumar Goenka (L), president of Mahindra & Mahindra's Automotive & Farm Equipment Sectors, talks with Anand G. Mahindra, Mahindra & Mahindra's vice chairman and managing director, during a news conference in Seoul August 23, 2010. Indian utility vehicles maker Mahindra & Mahindra said on Monday it had signed a memorandum of understanding to buy a majority stake in troubled South Korean automaker Ssangyong. On Aug. 12 Ssangyong had named Mahindra as its preferred buyer. REUTERS/Truth Leem (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A logo of Ssangyong Motor is seen on the automaker's sport utility vehicle 'Kyron' displayed for customers at the company's branch shop in Seoul August 12, 2010. South Korea's troubled Ssangyong Motor named Mahindra and Mahindra, India's top utility vehicle maker, as its preferred buyer in a deal that reinforces the growing clout of emerging market automakers. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A salesperson from Ssangyong Motor walks past the company's logo at its branch shop in Seoul August 12, 2010. South Korea's troubled Ssangyong Motor named Mahindra and Mahindra, India's top utility vehicle maker, as its preferred buyer in a deal that reinforces the growing clout of emerging market automakers. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A salesperson from Ssangyong Motor works besides its sport utility vehicle 'Kyron' at the company's branch shop in Seoul August 12, 2010. South Korea's troubled Ssangyong Motor named Mahindra and Mahindra, India's top utility vehicle maker, as its preferred buyer in a deal that reinforces the growing clout of emerging market automakers. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A salesperson from Ssangyong Motor walks past its sport utility vehicle 'Actyon Sports' at the company's branch shop in Seoul August 12, 2010. South Korea's troubled Ssangyong Motor named Mahindra and Mahindra, India's top utility vehicle maker, as its preferred buyer in a deal that reinforces the growing clout of emerging market automakers. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A pedestrian walks past Ssangyong Motor's vehicle Korando in front of the company's branch shop in Seoul August 10, 2010. India's Mahindra & Mahindra said on Saturday its board of directors had approved submission of a binding bid to buy a majority stake in troubled South Korean automaker Ssangyong Motor as it seeks to become a major global utility vehicles maker. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

An employee of Ssangyong Motor works behind its luxury sedan Chairman W at the company's branch shop in Seoul August 10, 2010. India's Mahindra & Mahindra said on Saturday its board of directors had approved submission of a binding bid to buy a majority stake in troubled South Korean automaker Ssangyong Motor as it seeks to become a major global utility vehicles maker. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A logo of Ssangyong Motor is seen at its branch shop in Seoul August 10, 2010. India's Mahindra & Mahindra said on Saturday its board of directors had approved submission of a binding bid to buy a majority stake in troubled South Korean automaker Ssangyong Motor as it seeks to become a major global utility vehicles maker. REUTERS/Jo Yong-Hak (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

An employee of Ssangyong Motor works behind the company's luxury sedan 'Chairman W' at a branch shop in Seoul May 28, 2010. France's Renault SA and India's top utility vehicle maker Mahindra are in the running to buy troubled South Korean SUV maker Ssangyong Motor, sources said on Friday, in a deal worth up to $500 million. REUTERS/Truth Leem (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

An employee of Ssangyong Motor walks past the company's logo at a branch shop in Seoul May 28, 2010. France's Renault SA and India's top utility vehicle maker Mahindra are in the running to buy troubled South Korean SUV maker Ssangyong Motor, sources said on Friday, in a deal worth up to $500 million. REUTERS/Truth Leem (SOUTH KOREA - Tags: BUSINESS TRANSPORT)

A logo of Ssangyong Motor is seen at a branch shop in Seoul May 28, 2010. France's Renault SA and India's top utility vehicle maker Mahindra are in the running to buy troubled South Korean SUV maker Ssangyong Motor, sources said on Friday, in a deal worth up to $500 million. REUTERS/Truth Leem (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

An employee walks along the shop of the Sollers-Far East automotive factory in the city of Vladivostok, April 26, 2010. The factory starts production of the SsangYong Actyon Sports pickup. REUTERS/Yuri Maltsev (RUSSIA - Tags: TRANSPORT BUSINESS)

An employee works on an assembly line of the Sollers-Far East automotiv factory in the city of Vladivostok, April 26, 2010. The factory starts production of the SsangYong Actyon Sports pickup. REUTERS/Yuri Maltsev (RUSSIA - Tags: TRANSPORT BUSINESS)

Employees work on an assembly line of the Sollers-Far East automotive factory in the city of Vladivostok, April 26, 2010. The factory starts production of the SsangYong Actyon Sports pickup. REUTERS/Yuri Maltsev (RUSSIA - Tags: TRANSPORT BUSINESS)

Russia's Industry and Trade Minister Viktor Khristenko (R) walks along an assembly line of the Sollers-Far East automotive factory in the city of Vladivostok, April 26, 2010. The factory starts production of the SsangYong Actyon Sports pickup. REUTERS/Yuri Maltsev (RUSSIA - Tags: BUSINESS TRANSPORT)

Tyres are burnt as Ssangyong Motor workers go on strike to stop the company's management and the police from entering the automaker's plant which the workers occupied in Pyeongtaek, about 70 km (40 miles) south of Seoul, in this July 20, 2009 file photo. Seemingly effortlessly, China has amassed the world's biggest stockpile of foreign exchange reserves, is overtaking Germany as the biggest exporting nation and now has a car market bigger than America's. Car maker SAIC Motor Corp lost its shirt investing in Ssanyong: its South Korean partner went bankrupt. Picture taken July 20, 2009. To match Special Report DAVOS/CHINA-GROWTH REUTERS/Jo Yong-Hak/Files (SOUTH KOREA CONFLICT - Tags: TRANSPORT BUSINESS CIVIL UNREST)

Plainclothes policemen detain a fired unionised worker fleeing from the SSangyong Motor plant in Pyeongtaek, about 70 km (40 miles) south of Seoul, in this June 26, 2009 file picture. Car maker SAIC Motor Corp lost its shirt investing in Ssanyong: its South Korean partner went bankrupt. Seemingly effortlessly, China has amassed the world's biggest stockpile of foreign exchange reserves, is overtaking Germany as the biggest exporting nation and now has a car market bigger than America's. But don't expect China Inc to glide as easily to dominance on the corporate stage. Picture taken June 26, 2009. To match Special Report DAVOS/CHINA-GROWTH REUTERS/Lee Jae-Won/Files (SOUTH KOREA TRANSPORT EMPLOYMENT BUSINESS CONFLICT)

A Ssangyong Motor worker sits beside the company's assembly line, which has been stopped, at its factory in Pyeongtaek, about 70 km (40 miles) south of Seoul, in this January 12, 2009 file photo. Seemingly effortlessly, China has amassed the world's biggest stockpile of foreign exchange reserves, is overtaking Germany as the biggest exporting nation and now has a car market bigger than America's. Picture taken January 12, 2009. To match Special Report DAVOS/CHINA-GROWTH REUTERS/Jo Yong-Hak/Files (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A logo of Ssangyong Motor is seen at the company's branch shop in Seoul December 17, 2009. A South Korean court on Thursday backed Ssangyong Motor rescue plan, opposed by its majority owner China's SAIC Motor, Ssangyong said in a statement on Thursday. REUTERS/Choi Bu-Seok (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

An employee of Ssangyong Motor walks past its logo at the company's branch shop in Seoul December 17, 2009. A South Korean court on Thursday backed Ssangyong Motor rescue plan, opposed by its majority owner China's SAIC Motor, Ssangyong said in a statement on Thursday. REUTERS/Choi Bu-Seok (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

An employee of Ssangyong Motor works at the company's branch shop in Seoul December 17, 2009. A South Korean court on Thursday backed Ssangyong Motor rescue plan, opposed by its majority owner China's SAIC Motor, Ssangyong said in a statement on Thursday. REUTERS/Choi Bu-Seok (SOUTH KOREA - Tags: TRANSPORT BUSINESS)

A woman walks out an office of Ssangyong Motor in Seoul November 6, 2009. Ssangyong, majority owned by China's SAIC Motor Corp, secured protection under court receivership in February. REUTERS/Choi Bu-Seok (SOUTH KOREA BUSINESS TRANSPORT)

A Ssangyong Motor salesperson walks past the 'Chairman W' sedan (Centre) at the automaker's office in Seoul November 6, 2009. Ssangyong, majority owned by China's SAIC Motor Corp, secured protection under court receivership in February. REUTERS/Choi Bu-Seok (SOUTH KOREA BUSINESS TRANSPORT)

A Ssangyong Motor worker (R), who was among hundreds of workers who stopped their strike on Thursday, meets his wife after he got out of the automaker's plant in Pyeongtaek, about 70 km (40 miles) south of Seoul, August 6, 2009. Ssangyong Motor has agreed with union workers on a broad framework for mass layoffs to help the troubled carmaker revive its fortunes, local media reported on Thursday. Some 1,670 employees have already quit. But hundreds more refused to go, occupying the factory for 77 days, stopping production lines. REUTERS/Lee Jae-Won (SOUTH KOREA BUSINESS EMPLOYMENT TRANSPORT CONFLICT)

A Ssangyong Motor worker (R), who was among hundreds of workers who stopped their strike on Thursday, hugs his wife after he got out of the automaker's plant in Pyeongtaek, about 70 km (40 miles) south of Seoul, August 6, 2009. Ssangyong Motor has agreed with union workers on a broad framework for mass layoffs to help the troubled carmaker revive its fortunes, local media reported on Thursday. Some 1,670 employees have already quit. But hundreds more refused to go, occupying the factory for 77 days, stopping production lines. REUTERS/Lee Jae-Won (SOUTH KOREA BUSINESS EMPLOYMENT TRANSPORT CONFLICT)

Firefighters rescue one of two workers, who on Thursday had stopped their strike on top of a 70 metre high chimney, at the plant of Ssangyong Motor in Pyeongtaek, about 70 km (40 miles) south of Seoul, August 6, 2009. Ssangyong Motor has agreed with union workers on a broad framework for mass layoffs to help the troubled carmaker revive its fortunes, local media reported on Thursday. Some 1,670 employees have already quit. But hundreds more refused to go, occupying the factory for 77 days, stopping production lines. REUTERS/Lee Jae-Won (SOUTH KOREA BUSINESS EMPLOYMENT TRANSPORT CONFLICT)