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GM to invest US$300m in South Korean operations
Yahoo Finance· 2025-12-17 17:13
General Motors announced that it plans to invest US$ 300 million to upgrade the manufacturing operations of its South Korean subsidiary, GM Korea Company, reaffirming the US automaker’s commitment to producing vehicles in the East Asian country. The announcement was made at the ‘GM Korea 2026 Business Strategy Conference’ in the city of Incheon earlier this week. The imposition of a 25% tariff on South Korean imports by the US earlier this year had cast doubt on the future role of GM Korea as a productio ...