General Motors to sell closed South Korean plant for nearly $100 million

General Motors

South Korean auto parts maker Myoungshin prepares to purchase General Motors’ car factory located in the southwestern city of Gunsan for 113 billion won ($99.9 million), Myoungshin’s parent firm stated in a regulatory filing. Myoungshin, a unit of MS Autotech, stated it will purchase the land and buildings of the GM facility to go after […]