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A service for auto industry professionals · Monday, May 10, 2021 · 540,709,115 Articles · 3+ Million Readers
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GM Korea (GM Daewoo) News Monitoring

  • Published on May 3, 2021

    GM Korea's April sales dip 25% amid pandemic slump

    This file photo shows GM Korea's Bupyeong plant, 40 kilometers west of Seoul. (Yonhap) GM Korea Co. said Monday its sales retreated 25.4 percent last month from a year earlier on weak demand at home and abroad. The South Korean unit of General Motors …

    Source: Korea Herald - Neutral
  • Published on Apr 15, 2021

    GM Korea to halt 2 plants over chip shortage next week

    This file photo shows GM Korea's Bupyeong plant, 40 kilometers west of Seoul. (Yonhap) GM Korea Co., the South Korean unit of General Motors Co., said Thursday it will suspend two of its three plants next week due to a lack of semiconductors parts. GM …

    Source: Korea Herald - Neutral
  • Published on Apr 1, 2021

    GM Korea's March sales dip 21.8% amid pandemic slump

    GM Korea's Bupyeong plant in Incheon, west of Seoul. (Yonhap) GM Korea Co. said Thursday its sales decreased 21.8 percent last month from a year earlier on weak demand at home and abroad. The South Korean unit of General Motors Co. sold 29,633 vehicles …

    Source: Korea Herald - Neutral
  • Published on May 4, 2021

    Thousands of big new pickups aren't going to customers. Here's why.

    As Kentucky Derby fans traveled along I-71 to and from Churchill Downs over the weekend, it would've been hard not to notice while driving through Sparta the thousands of Super Duty pickup trucks parked in rows. This illustrates the multibillion-dollar …

    Source: USA Today - Neutral
  • Published on May 3, 2021

    Thousands of best-selling pickup trucks sit along I-71 — and Wall Street is watching

    As Kentucky Derby fans traveled along I-71 to and from Churchill Downs over the weekend, it would've been hard not to notice while driving through Sparta the thousands of Super Duty pickup trucks parked in rows. This illustrates the multibillion-dollar …

    Source: Detroit Free Press - Michigan - Neutral
  • Published on May 3, 2021

    Carmakers’ April sales soar 77 pct on strong overseas demand

    The five carmakers — Hyundai Motor Co., Kia Corp., GM Korea Co., Renault Samsung Motors Corp. and SsangYong Motor Co. — sold a combined 630,691 vehicles in April, up from 356,604 units a year ago, according to data from the companies.

    Source: The Korea Times USA - Neutral
  • Published on Apr 30, 2021

    GM to recall Bolt EVs to update battery software

    General Motors' Chevrolet Bolt electric vehicle equipped with LG Energy Solution Ltd.'s battery pack is seen in this photo provided by the automaker on Friday. (General Motors) US automaker General Motors Co. said Friday it will recall Chevrolet …

    Source: Korea Herald - Neutral
  • Published on Apr 29, 2021

    Watchdog views Coupang as 'conglomerate'

    South Korea’s antitrust regulator on Thursday included Coupang on its list of “large business groups,” henceforth imposing heavier corporate disclosure and compliance obligations on the e-commerce operator that had previously remained in the startup arena. …

    Source: Korea Herald - Neutral
  • Published on Feb 2, 2021

    GM Korea's Jan. sales soar 76% on robust exports

    GM Korea's Bupyeong plant in Incheon, west of Seoul. (Yonhap) GM Korea Co. said Monday its sales jumped 76.4 percent last month from a year earlier on solid vehicle sales abroad. The South Korean unit of General Motors Co. sold 36,126 vehicles in …

    Source: Korea Herald - Neutral
  • Published on Jan 28, 2021

    GM Korea chief picks labor issues as key concern for investment

    Lack of labor flexibility, continued industrial action and annual wage negotiations remain major challenges to doing business in South Korea and attracting foreign investment, the chief of GM Korea Co. said Thursday. GM Korea President and Chief Executive …

    Source: Korea Herald - Neutral
  • Published on Jan 12, 2021

    GM Korea shows strong performance in export

    Chevrolet Trailblazer (GM Korea) General Motors Korea pulled off a strong performance last year in overseas markets, the automaker said Tuesday. The company shipped 285,499 vehicles overseas last year, ranking top among foreign-invested car brands here in …

    Source: Korea Herald - Neutral
  • Published on Dec 18, 2020

    GM Korea workers OK revised 2020 wage deal

    GM Korea's Bupyeong plant in Incheon, west of Seoul. (Yonhap) Unionized workers at GM Korea Co. agreed Friday to accept the company's revised wage proposals amid the prolonged COVID-19 pandemic. GM Korea workers voted in favor of the second …

    Source: Korea Herald - Neutral
  • Published on Dec 11, 2020

    GM Korea union OKs 2nd tentative wage deal

    GM Korea's Bupyeong plant in Incheon, west of Seoul. (Yonhap) GM Korea Co. and its union have reached a second tentative wage deal after union members rejected the first deal early this month, the company said Friday. In a vote held from Nov. 30 to Dec …

    Source: Korea Herald - Neutral
  • Published on Dec 1, 2020

    GM Korea workers vote against 2020 wage deal

    Unionized workers at GM Korea Co., the South Korean unit of General Motors Co., voted down a tentative wage deal for the year amid the COVID-19 pandemic, the company said Tuesday. In a vote held from Monday to Tuesday, 54 percent of 7,364 union workers …

    Source: Korea Herald - Neutral
  • Published on Nov 25, 2020

    GM Korea, labor union reach tentative agreement on wages

    GM Korea (Yonhap) General Motors Korea and its labor union reached a tentative agreement on wages Wednesday, four months after their talks began in July. According to GM Korea, the two sides came up with a draft agreement during negotiations that started …

    Source: Korea Herald - Neutral
  • Published on Nov 17, 2020

    GM Korea workers to strike again

    GM Korea’s labor union, which is in a tug-of-war with the management over wage and collective bargaining negotiations, is set to stage another four-day partial strike starting Tuesday, adding to the uncertainties facing the automaker as it struggles with …

    Source: Korea Herald - Neutral
  • Published on Nov 17, 2020

    GM Korea workers to go on partial strike this week over wage dispute

    (Yonhap) Unionized workers at GM Korea Co. decided to go on a partial strike this week as they failed to narrow differences with management in ongoing wage negotiations, the union said Monday. They vowed to stage a four-hour walkout on Tuesday through …

    Source: Korea Herald - Neutral
  • Published on Nov 11, 2020

    GM Korea workers continue partial strike over wage talks

    Unionized workers at GM Korea Co. 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. GM Korea's daytime and night-duty …

    Source: Korea Herald - Neutral
  • Published on Nov 6, 2020

    GM Korea puts off investment in Bupyeong plant due to wage strike

    (Yonhap) GM Korea said Friday it would put off a plan to invest in its Bupyeong plant, which was scheduled for the production of next-generation global products, as workers’ strike continued. The automaker said it has already suffered a serious cash …

    Source: Korea Herald - Neutral
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