It has been learned from the sources that the Utility vehicle major Mahindra & Mahindra (M&M) may try to place a Korean at the top leadership spot at Ssangyong motors after the company will complete the legal acquisition process.

It is to be mentioned here that the Indian auto major was recently selected as the preferred one by Ssangyong from the final list of three bidders.

In fact, the company plans to sign a preliminary deal with Ssangyong by month-end while the deal is expected to be complete by November. Sources also mentioned the fact that having a local chief executive will be ideal for handling complex matters such as the work force as the company has had major labour issues in the past as well.

There is no denying the fact that products of both M&M and Ssangyong are separate which are catering to different segments of the value chain and operating in totally different markets.

Perhaps it is essential to have a chief executive who is a Korean and knows the brand well for M&M in this case.