SEOUL, Jan. 16 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., on Thursday launched the Trailblazer SUV as it strives to revive sales amid labor woes and weak demand. In the past two years, GM Korea has played a leading role in developing the Trailblazer as the Chevrolet brand’s [...]
SEOUL, Oct. 16 (Korea Bizwire) — The chief executive of GM Korea Co. said on Wednesday increased labor costs would hurt the carmaker’s profitability and competitiveness amid stalled wage negotiations with its trade union. Kaher Kazem, GM Korea president and chief executive, held an emergency meeting with executives at the carmaker’s main plant near Seoul. [...]
SEOUL, Oct. 11 (Korea Bizwire) — GM Korea Co.’s labor union and management have failed to reach an agreement on a new wage deal. Members of the GM Korea labor union announced that they decided to notify management to abort all negotiations on Thursday. The negotiations over a new collective agreement, which have continued since [...]
SEOUL, Sept. 13 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., won’t likely turn around this year again due to hefty production losses driven by strikes, analysts said Friday. Unionized workers at GM Korea have held several rounds of partial and general strikes this year through Wednesday for an [...]
SEOUL, Sept. 9 (Korea Bizwire) — Unionized workers at GM Korea Co. on Monday staged a full-scale strike for the first time in 22 years as they demand an increase in wages despite warnings from the company’s global headquarters. Some 8,000 workers participated in the walkout at the plants in Incheon, west of Seoul, and [...]
SEOUL, Aug. 28 (Korea Bizwire) — Unionized workers at GM Korea Co. will continue to stage a strike for an increase in wages as the company balks at the union’s demands, GM Korea’s union said Wednesday. The automaker’s 10,000-member union plans to hold an eight-hour partial strike on Friday, a full-scale walkout from Sept. 9-10 [...]
SEOUL, Aug. 22 (Korea Bizwire) — A General Motors Co. executive on Thursday urged employees at GM Korea Co. to help the South Korean unit get back on track this year amid weak sales and strikes. During his visit to GM Korea’s main Bupyeong plant in Incheon, just west of Seoul, Julian Blissett, president of [...]
INCHEON, Jun. 25 (Korea Bizwire) — General Motors Co.’s recent facility investment in South Korea and plans to launch new vehicles show the U.S. carmaker’s strong commitment in the market, a GM executive said Tuesday. Early this year, the Detroit carmaker began to build a paint shop at the Changwon plant, one of its three [...]
SEOUL, May 30 (Korea Bizwire) — General Motors Co. will produce the all-new Chevrolet Trailblazer sport-utility vehicle in South Korea later this year, the local unit said Thursday. The Trailblazer is the compact SUV mentioned in GM’s restructuring scheme for its South Korean unit. The new model will be produced in GM Korea’s plant for [...]
SEOUL, Apr. 23 (Korea Bizwire) — Workers at GM Korea Co.’s R&D firm voted to go on strike against the carmaker’s move to apply unfavorable wages and working conditions for the spin-off entity, GM Korea’s union said Tuesday. In a vote held Monday and Tuesday, 83 percent of 2,067 employees at the GM Technical Center [...]