GM KOREA

GM KOREA

Displaying 10 out of 7 results

  1. FILE PHOTO: An employee works at an assembly line of GM Korea's Bupyeong plant in Incheon

    Trump's auto tariff plan threatens GM's US$7 billion South Korea rescue

    Fresh off a US$7 billion rescue for its loss-making South Korean operation, General Motors faces a new threat as U.S. President Donald Trump ...
  2. GM Korea logo is seen at its Bupyeong plant in Incheon

    GM Korea to turn a profit in 2019; plans SUV, crossover

    General Motors Co's South Korean unit reiterated on Friday that it should return to profitability by 2019 and that it will invest US$2.8 billion ...
  3. FILE PHOTO: Employees work at an assembly line of GM Korea's Bupyeong plant in Incheon

    South Korea takes more cautious view on GM Korea turnaround than US automaker

    General Motors' South Korean unit is expected to swing to a profit from 2022, state-run Korea Development Bank (KDB) said on Friday, offering a ...
  4. GM Korea logo is seen at its Bupyeong plant in Incheon

    GM agrees to stake lock-in, make South Korea regional HQ in rescue deal for unit

    General Motors will stay in South Korea for at least 10 years and set up its Asia-Pacific headquarters in the country, government officials said ...
  5. FILE PHOTO: The logo of GM Korea is seen at its Bupyeong plant in Incheon

    South Korea says GM deal to ensure it remains in country for at least 10 years

    South Korea's finance minister said on Wednesday the country will limit General Motors' right to sell shares and assets in its South Korean unit ...
  6. FILE PHOTO: An employee works at an assembly line of GM Korea's Bupyeong plant in Incheon

    GM to provide loans to Korean unit, state-run bank to receive shares: sources

    General Motors' planned US$3.6 billion cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development ...
  7. FILE PHOTO: The logo of GM Korea is seen at its Bupyeong plant in Incheon

    GM agrees to provide US$3.6 billion funding to South Korean unit: South Korea

    General Motors has agreed to provide US$3.6 billion in fresh funding to its troubled South Korean unit, higher than its previously proposed ...