KDB Presses GM Over Korean Unit’s Cost Structure

SEOUL, March 8 (Korea Bizwire) – The state-run Korea Development Bank (KDB) said Thursday it will not pump new funds into the South Korean unit of General Motors Co. unless the U.S. automaker discloses the cost structure of GM Korea Co. Lee Dong-gull, chairman and CEO of KDB, which holds a 17 percent stake in GM Korea, told reporters that a due diligence for GM Korea has [...]