SEOUL, Nov. 6 (Korea Bizwire) – GM Korea Co., the South Korean unit of General Motors Co., said Friday it will reconsider investing in its main plant as its union continues to strike for higher wages. GM Korea will “reconsider making an investment in the company’s No. 2 Bupyeong plant for the production of a next-generation [...]
SEOUL, Sept. 23 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., unveiled its intention not to allocate a new model to one of its South Korean plants, igniting strong backlash from its labor union. During its wage negotiations with the labor union on Monday, the management of GM Korea [...]
INCHEON, July 21 (Korea Bizwire) — The CEO of GM Korea Co. and four other executives at the Korean unit of the American carmaker will stand trial on charges of illegally hiring about 1,700 manufacturing workers on secondment, prosecutors said Tuesday. The district prosecutors’ offices in Incheon and Changwon said five GM Korea executives, including [...]
SEOUL, April 14 (Korea Bizwire) — The union of GM Korea Co. said Tuesday that its members have endorsed a tentative wage deal, averting a strike amid the ongoing coronavirus pandemic. The agreement was approved by 53.4 percent of more than 7,200 union members who voted earlier this week. More than 500 other union members [...]
CHANGWON, March 25 (Korea Bizwire) — A so-called drive-through conference, where people participate in a meeting in their own cars, was held to prevent the spread of the coronavirus. A branch of the Korean Federation of Community Credit Cooperatives (KFCC) located at GM Korea’s Changwon Plant held a regular general meeting in the plant’s parking [...]
SEOUL, Feb. 12 (Korea Bizwire) — GM Korea Co., the South Korean unit of General Motors Co., said Wednesday that it will temporarily suspend one of three domestic car assembly plants due to shortages of Chinese parts amid the spreading coronavirus outbreak. GM Korea is set to close its main Bupyeong plant in Incheon, just [...]
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 [...]