General Motors | SpeedLux

NAFTA math may not add up to more U.S. auto related jobs

Trump administration demands in NAFTA trade negotiations for pushing auto jobs back to the country may not be enough to spark a shift in where car manufacturers build cars and

General Motors7 years ago

General Motors sees custom designs, private ownership for self-driving cars

General Motors, which prepares a ride-sharing fleet of robotaxis for 2018, is exploring at further business opportunities for self-driving cars, including custom designs that could be almost unrecognizable from those

General Motors7 years ago

General Motors agrees to stake lock-in, make South Korea regional headquarter

General Motors will stay in South Korea for no less than 10 years and install its Asia-Pacific headquarters in the nation, government officials stated on Thursday, describing terms of a

General Motors7 years ago

South Korea says GM deal to confirm it remains in country for a decade

South Korea stated on Wednesday that an upcoming deal with General Motors to refinance its regional unit will confirm the U.S. automaker remains in the country for at least one

General Motors7 years ago

General Motors work with Autodesk for lightweight 3D-printed parts

General Motors stated on Thursday it was collaborating with design software company Autodesk Inc to produce new, lightweight 3D-printed parts that could help the carmaker meet its goals to add

General Motors7 years ago

GM to provide $3.6 billion funding to South Korean unit in latest move

General Motors has planned to provide $3.6 billion in fresh funding to its struggling South Korean unit, more than its earlier proposed $2.3 billion as part of a preliminary deal,

General Motors7 years ago

GM Korea drops plan to file for bankruptcy following last-minute wage deal

General Motors’ South Korean unit dropped their plan of filing for bankruptcy following winning concessions on pay, bonuses and advantages from its labor union in a tentative deal reached on

General Motors7 years ago

GM Korea’s board postpones decision on bankruptcy filing to Monday

The board of General Motors’ South Korean unit has postponed its decision on filing for court-led rehabilitation proceedings to Monday, according to two sources knowledgeable with the situation. GM Korea

Gunsan plant, General Motors, South Korea

General Motors7 years ago

GM Korea needs to survive in long-term, says South Korea minister

South Korea’s finance minister stated on Monday that public funds could only be utilize to favor the South Korean auto unit of General Motors if it was obvious that the

General Motors7 years ago

General Motors sticks to April 20 deadline for South Korea restructuring

General Motors’ president stated common ground must be reached on a long-term financial restructuring of the automaker’s South Korean auto unit by next Friday and if there has been none,

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