In fact, SsangYong is a Mahindra subsidiary now. SsangYong was acquired by India's Mahindra & Mahindra (M&M) in 2011. But unlike the TATAs with their precious JLR, Mahindra has not been able to turn around the fortunes of SsangYong as yet. But their portfolio is slowly getting better. Tivoli is SsangYong's first new model under Mahindra & Mahindra ownership.