Korea Joongang Daily
Korea JoongAng Daily

GM to invest $600 million to upgrade manufacturing facilities in Korea

General Motors will invest $600 million to upgrade manufacturing facilities at its operations in Korea, aiming to strengthen the country’s role as a global production hub for compact SUVs, the company said Wednesday.

2026-03-25

Unfazed by tariffs, GM Korea plans to boost production to 500,000 vehicles

GM Korea, the Korean unit of General Motors, said Tuesday that it aims to produce 500,000 vehicles this year to meet growing overseas demand, particularly from the United States.

2026-02-03

GM Korea affirms commitment to local market with $300M investment pledge

GM Korea said it will invest $300 million in its production facilities in Korea, a move the company presented as a reaffirmation of its commitment to the market amid renewed speculation that it could scale back or withdraw.

2025-12-15

GM showcases mobility vision, technologies at Korean expo

GM Korea said Thursday that its parent company, General Motors, is taking part in a Korean mobility expo to present its future vision for electrification and key next-generation technologies.

2025-10-23

GM reaffirms commitment to Korean market with plan to launch Super Cruise

GM Korea plans to introduce an advanced hands-free driver assistance system in Korea later this year, the company announced on Wednesday, emphasizing the U.S. automaker's commitment to its Korean operations.

2025-10-01

GM may reconsider Korea operations with 'Yellow Envelope Bill,' CEO says

The passage of the pro-labor “Yellow Envelope Bill” in the National Assembly has reignited speculation that GM Korea may withdraw from the country after President and CEO Hector Villarreal warned that Detroit could reconsider its operations here.

2025-08-25

GM withdrawal rumors swirl again on sell-off of service centers, idle land

Speculation on the withdrawal of GM Korea from the country are swirling once again in the wake of its announcement that it will sell off all of its service centers and some idle land.

2025-06-02

GM union, management clash over service center sell-off

GM Korea's asset sales raise concerns about its future strategy, lacking a road map for vehicle production, which affects job security and union negotiations amid declining domestic sales.

2025-05-29

General Motors sells off all Korean service centers amid exit rumors

GM Korea is selling service centers and assets in a potential exit from Korea, primarily due to heavy tariffs affecting its business, while continuing to support customers.

2025-05-28

GM Korea CEO visits Changwon plant amid U.S. tariff-related exit concerns

The CEO of GM Korea, the Korean unit of General Motors, has visited the automaker's Changwon plant to encourage employees amid growing concerns over a potential withdrawal driven by shifting U.S. tariff policies, the company said Friday.

2025-05-16