GM CFO Says No Immediate Plan to Scale Back Korean Production Amid U.S. Tariff Threats

SEOUL, June 1 (Korea Bizwire) — Despite renewed speculation over a possible withdrawal of General Motors from South Korea in the wake of the Trump administration’s proposed 25% tariff on imported automobiles, GM’s top financial executive has dismissed any immediate plans to cut production at GM Korea, citing strong vehicle profitability and a favorable outlook for [...]