A new Korean automaker- Ssangyong, is planning on entering the U.S. car market by the end of 2019. In order to do that, and to pay attention at its cars the car company plans on building some compact SUVs, which are really popular here.
The CEO of the company claims that the smallest CUV built by them will be an update of the Tivoli crossover. The second model which will be revised for the U.S. auto market is the crossover Korando. Both of them will be available with four-wheel drive. In addition to these new CUVs, Ssangyong is also working on engineering two turbocharged four-cylinder engines. The 1.5-liter engine, churns out 162 horsepower, while the 2.0-liter units generates 220 horsepower. If those figures are true, the engines would have a similar output to the current crop of CUVs that are on sale in the US currently.
Economic troubles in Ssangyong's largest export market, Russia, have harmed the South Korean automaker. Mahindra rescued the automaker in 2011 after nearly going bankrupt. Entering the US market with two CUVs could be the lifeline the company needs.