General Motors | SpeedLux

South Korea prompts General Motors union to reach wage deal

South Korea on Friday prompted General Motors’s local subsidiary and labor union to gain a wage deal swiftly, adding the government will be able to talk about support for the

Gunsan plant, General Motors, South Korea

General Motors7 years ago

South Korea declares industrial crisis in Gunsan, where GM factory is closing

South Korea has designated the city of Gunsan an ‘industrial crisis zone’, extending its support for the area after plans by General Motors to close a plant as well as

General Motors7 years ago

General Motors Korea sales dive, plans to postpone one shift in Bupyeong

General Motors’s South Korean unit has proposed postponing one of two shifts at a plant close to Seoul, an internal union newsletter observed by Reuters showed, boosting uncertainty about the

General Motors7 years ago

GM’s South Korean unit to file for bankruptcy if no union agree with cost cut

General Motors stated its loss-making South Korean unit will file for bankruptcy if its union did not agree to cut labor costs by April 20, piling pressure on workers and

Yoon Gap-han (R), president of Hyundai Motor Co., and union leader Ha Bu- young shake hands.

Hyundai7 years ago

Hyundai union chief warns of job crisis, describes electric cars as ‘evil’

Hyundai Motor’s union chief warned its employees may have to deal with similar crisis to the one hitting General Motors’ South Korean unit as sales in key markets slip, adding

General Motors7 years ago

General Motors factory worker in South Korea commits suicide

A 47-year-old worker at a South Korean plant of General Motors was found dead in a suspected suicide after submitting for a voluntary redundancy program of the U.S. automaker’s ailing

General Motors7 years ago

GM CEO Mary Barra meets with U.S. regulators on fuel efficiency rules

General Motors chairman and CEO Mary Barra met on Tuesday with U.S. regulative chiefs, weeks before the Trump administration prepares to decide whether to modify landmark fuel effectiveness requirements through

General Motors7 years ago

General Motors president says ‘shared sacrifice’ needed to fix South Korean operations

General Motors President Dan Ammann stated on Monday the automaker’s troubled South Korean operations can be a “sustainable, successful business,” if unions and the South Korean government concur soon on

Cars7 years ago

Worldwide automakers and suppliers call for more breaks in Trump tariff plan

Worldwide automakers and vehicle suppliers are pushing the Trump administration and U.S. Congress to exempt the European Union and other allies from new steel and aluminum tariffs set to work

General Motors7 years ago

General Motors confirms details of investment in South Korea business

General Motors confirmed information about a proposed investment in its loss-making South Korean company on Friday, however stated it went through support from Seoul and GM’s Korean union. GM Korea

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