SOUTHKOREA

GM Korea drops bankruptcy vote plan after last-minute wage deal

GM Korea drops bankruptcy vote plan after last-minute wage deal

Published 23/04/2018

SEOUL (Reuters) - General Motors Co’s (GM) South Korean unit dropped a plan for a vote on a bankruptcy filing after reaching a tentative wage [more…]

South Korea says to join forces to normalize GM’s Korea unit

South Korea says to join forces to normalize GM’s Korea unit

Published 23/04/2018

SEOUL (Reuters) - The South Korean government said on Monday it would join forces to help normalize General Motors Co’s South Korean unit. The government [more…]

GM sticks to April 20 deadline for Korea restructuring, unit logs…

GM sticks to April 20 deadline for Korea restructuring, unit logs…

Published 13/04/2018

DETROIT/SEOUL (Reuters) - General Motors Co’s (GM.N) president said common ground must be reached on a long-term financial restructuring of GM’s South Korean auto unit [more…]

‘Urban mining’ in South Korea pulls rare battery materials from…

‘Urban mining’ in South Korea pulls rare battery materials from…

Published 13/04/2018

GUNSAN, South Korea (Reuters) - Workers at a rural South Korean factory are busy extracting some of the world’s most coveted metals, used in the [more…]

GM Korea’s March sales dive- seeks to halt one shift at Bupyeong plant

GM Korea’s March sales dive- seeks to halt one shift at Bupyeong plant

Published 02/04/2018

SEOUL (Reuters) - General Motors Co’s South Korean unit has proposed suspending one of two shifts at a plant near Seoul, an internal union newsletter [more…]

North Korean ‘caution’ seen in announcing stance on upcoming…

North Korean ‘caution’ seen in announcing stance on upcoming…

Published 12/03/2018

FILE PHOTO: North Korean leader Kim Jong Un meets members of the special delegation of South Korea's President in this photo released by North Korea's [more…]

South Korea kicks off due diligence on GM’s South Korean unit: KDB

South Korea kicks off due diligence on GM’s South Korean unit: KDB

Published 12/03/2018

FILE PHOTO: The main gate to GM Korea's Gunsan factory is seen in Gunsan, South Korea February 13, 2018. Yonhap via REUTERS/File PhotoSEOUL (Reuters) - [more…]

Almost 2,500 GM Korea workers apply for voluntary redundancy package

Almost 2,500 GM Korea workers apply for voluntary redundancy package

Published 05/03/2018

Members of a civic group attend a protest demanding prosecutors in Gunsan to investigate GM Korea over its decision to shut down a plant in [more…]