GM Korea and its labor union tentatively agreed on a wage deal on Wednesday after four months of negotiations.
Korea’s Ministry of Transport on Wednesday ordered recalls of GM Korea’s Bolt EV, confirming that the all-electric car is prone to catching on fire.
Suppliers of GM Korea said Thursday they are on the verge of going bankrupt and urged management and labor to come to terms to end a rolling strike.
Unionized workers at GM Korea said Wednesday that they will continue their partial strike this week for higher wages despite the company's statement that it may reconsider planned investments in its plants.
YEONGJONG, Incheon — Muddy puddles, steep hills and rocky streams were not enough to stop Chevrolet's new Colorado pickup truck from barging through an artificial off-road course set up at Oseong Mountain on Yeongjong Island, Incheon.
GM Korea, the Korean unit of General Motors, said Thursday it will invest 800 billion won ($667 million) as planned in the coming years, despite the new coronavirus outbreak.
Hyundai Motor’s sales in May plunged almost 40 percent on year as the coronavirus outbreak continued to hamper operations.
Hyundai Motor global sales were down by more than 50 percent last month on year, though performance in the home market was about flat.