GM Korea Archives | Be Korea-savvy
GM Korea, Union in Last-Minute Talks as Deadline Nears

GM Korea, Union in Last-Minute Talks as Deadline Nears

SEOUL/INCHEON, April 19 (Korea Bizwire) – General Motor Co.’s South Korean unit and its labor union have been holding last-minute negotiations on Thursday over a turnaround plan, a day before the deadline that would see GM Korea file for bankruptcy. The Detroit automaker, which announced in February that it will shut down its Gunsan plant by May, has said GM Korea will file for [...]