KGM

KGM

KGM (KG Mobility Corporation)
🇰🇷 South Korea

South Korean SUV and pickup brand, operated by KG Mobility Corporation and known as SsangYong until March 2023; sold as "KGM SsangYong" in some export markets. The company traces to 1954 and has had four owners since 1997; KG Group has held a majority stake since 2022.

KGM models

Engine
Body

The KGM Actyon is a coupe-roofline mid-size SUV built on the same platform as the Torres, sold as a 1.5-litre turbo petrol or a hybrid. Revived in July 2024 after a 14-year gap, it is KG Mobility's push into a more design-led part of the lineup, built alongside the rest of the range at Pyeongtaek.

168 hp FWD
Musso
ICE

The KGM Musso is a mid-size pickup completely redesigned for its Q300 generation, launched in South Korea in January 2026 with a 2.2-litre turbo-diesel or 2.0-litre turbo-petrol engine and a squared-off design shared with the Torres and Actyon. It replaces the long-running diesel Musso still sold in the UK, Europe and Australia under the same name.

199 hp 4WD

The KGM Torres is a mid-size SUV built at KG Mobility's Pyeongtaek plant, sold as a 1.5-litre turbo petrol, a hybrid, and as the battery-electric Torres EVX with a BYD-sourced LFP battery. It is the car that pulled the company out of its second receivership after the 2022 KG Group takeover.

168 hp FWD

KGM models and prices

Models on this page are sold in South Korea, Europe, UK and Australia.

ModelPrice fromMarketBodyPowertrainStatus
Actyon₩34,170,000(~$24,671)South KoreaSep 2026SUV / CoupeICE · HEVOn Sale
Musso₩33,800,000(~$24,404)South KoreaSep 2026PickupICEOn Sale
Torres₩29,050,000(~$20,975)South KoreaSep 2026SUVICE · HEV · EVOn Sale

Starting prices in the market each car is sold in, on the date shown. USD figures are approximate conversions.

About

KG Mobility traces back to Ha Dong-hwan Motor Workshop, founded in 1954, and took the SsangYong name in 1988. Since then it has changed hands four times: Daewoo Motors bought control in 1997 and sold it again in 2000, China’s SAIC took 51 percent in late 2004 and walked away when the company entered receivership in January 2009, India’s Mahindra completed a $463.6 million purchase in February 2011 and stopped funding it in December 2020, and South Korea’s KG Group bought a 61 percent stake out of a second receivership in 2022. The company was renamed KG Mobility in March 2023; KG ETS, a KG Group affiliate, holds 58.84 percent today.

Everything KG Mobility builds comes out of its Pyeongtaek plant, the company’s only factory, which accounts for roughly 3 percent of South Korea’s total car production. The current lineup runs the Torres and Torres EVX, the Actyon, the Musso pickup and the Rexton, sold in South Korea and exported to the UK, continental Europe, Australia and other markets outside Japan and North America. The KGM badge covers most of that export footprint; Australia and Turkey are the two markets where cars are still sold as SsangYong.

Global website kg-mobility.com
Frequently asked questions
Who owns KGM?
KGM is owned by KG Group (since 2022).
What country are KGM cars from?
KGM is a South Korean brand, headquartered in Pyeongtaek.
Where are KGM cars sold?
The KGM models covered on this page are sold in South Korea, Europe, UK and Australia.
When was KGM founded?
KGM was founded in 1954.
What kind of cars does KGM make?
KGM makes SUVs, crossovers and a pickup, built at one plant in South Korea.
Is KGM the same company as KG Mobility and SsangYong?
Yes. KGM is the brand name KG Mobility Corporation uses on its cars. The company traded as SsangYong Motor from 1988 until it renamed itself KG Mobility in March 2023, after KG Group's 2022 takeover, and adopted the KGM badge on most of its lineup; Australia and Turkey are the exceptions, where the SsangYong name is still used.
Why has KG Mobility changed owners so often?
The company has passed through Daewoo Motors (1997), SAIC (2004), Mahindra (2011) and KG Group (2022), with receiverships in January 2009 and December 2020 in between. Each change followed a period the previous owner could not or would not keep funding, rather than an outright sale of a healthy business.
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