VW to Buy SsangYong Motor?

It appears Volkswagen isn’t busy enough with getting Porsche and being its sole owner. VW is now bent on taking over the South Korean automaker SsangYong Motor, which is operating under bankruptcy protection.

Months ago, SsangYong suffered a vicious strike when hundreds of workers decided to occupy a factory and shut down production entirely. Volkswagen has neither confirmed nor refuted the reports so far but it is believed that SAIC, the former SsangYong owner, collaborated with VW through the Shanghai VW joint venture.