Ssangyong is still alive as these photos of the C200 prototype shows.
Ssangyong first planned to show this car in production form at the 2009 Frankfurt Car Show, but due to some economical problems and now being under bankruptcy protection all of the development has been delayed. Several weeks of strike action at the factory didn’t help either.
The C200 is aimed against Skoda Yeti, Toyota RAV4 and such, and will probably come with three engine options, one of them as hybrid.
Expect to see the Giugiaro designed C200 in all its glory during late 2010 as an MY11 model.