The KG Mobility Corporation traces its origins back to Dong-A Motor, a manufacturer established in 1954. The company was named SsangYong Motor Company in 1988, following its acquisition in 1986 by the SsangYong Group. Since then, SsangYong Motor has been acquired successively by Daewoo Motors, Chinese manufacturer SAIC Motor, and Indian manufacturer Mahindra & Mahindra. In 2022, the company was acquired by KG Group and adopted its present name. In certain markets, including Australia and Turkey, the company continues to use "Ssangyong" or "KGM Ssangyong" branding.