Korea Joongang Daily
Korea JoongAng Daily

General Motors sells off all Korean service centers amid exit rumors

GM Korea is selling service centers and assets in a potential exit from Korea, primarily due to heavy tariffs affecting its business, while continuing to support customers.

2025-05-28

Frequent and aggressive strikes call Seoul's city bus system into question

Seoul city buses are scheduled to go on a general strike on Wednesday. Unlike the subway system, which must maintain a minimum level of operation even during strikes, buses can legally come to a complete halt.

2025-05-27

Why GM and Ford struggle in Korea: Trump blames rules, consumers say otherwise

Trump blamed Korea’s 'unfair' regulations as “trade barriers” that hinder the U.S. automakers’ expansion, while local consumers point elsewhere: outdated specs, weak after-sales service and a poor understanding of Korean drivers’ preferences.

2025-05-26

GM to commercialize lithium manganese-rich batteries developed with LG Energy Solution

General Motors (GM) announced that it will commercialize a new generation of lithium manganese-rich (LMR) prismatic batteries developed in partnership with LG Energy Solution by 2028.

2025-05-14

UN to kick off North Korea human rights talks — with top South Korean, U.S. members absent

UN meeting on North Korean human rights faces challenges from the absence of the United States and South Korea.

2025-05-13

USFK's status, role in limbo as Pentagon moves to slash four-star generals

The U.S. Department of Defense’s plan to reduce the number of four-star generals by 20 percent could impact the status of the commander of U.S. Forces Korea (USFK).

2025-05-07

LG Energy to buy GM's stake in Michigan battery plant for $2 billion

LG Energy Solution will purchase General Motors' entire stake in their joint battery plant in Michigan for $2.08 billion in an apparent move to cover supply for Toyota Motor.

2025-04-01

Trump tariffs put Hyundai, Kia on collision course for big losses

U.S. President Donald Trump's 25 percent tariff on all auto imports could cost Hyundai Motor Group over $6 billion, and GM Korea its very existance.

2025-03-27

Will Trump's auto tariff push GM Korea to exit the country?

U.S. President Donald Trump's recent warning of a 25 percent tariff on automobiles threatens the very existence of GM Korea, which posted an export rate for its vehicles of 95 percent last year.

2025-02-20

Air Force general seen playing mobile games with his shoes off during martial law probe

A two-star general of the Air Force was caught playing mobile games with his shoes off during a National Assembly hearing on President Yoon Suk Yeol’s Dec. 3 martial law declaration.

2024-12-11