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A service for auto industry professionals · Saturday, April 11, 2026 · 905,076,716 Articles · 3+ Million Readers
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GM Korea (GM Daewoo) News Monitoring

  • Published on Apr 6, 2026

    GM Korea Declares First Dividend in Eight Years

    GM Korea is set to pay its first dividend in eight years, following the closure of its Gunsan plant in Jeonbuk Province in 2018 and a subsequent injection of public funds by the government. On April 6, GM Korea announced that it recently held a meeting of …

    Source: Business Korea - Neutral
  • Published on Apr 6, 2026

    GM Korea’s first dividend payout marks shift from crisis to strategic rebound

    GM Korea is set to carry out its first dividend payout to common shareholders, signaling a turning point from crisis recovery to full normalization. According to media reports on Monday, GM Korea recently announced that its board of directors had approved …

    Source: Korea Herald - Neutral
  • Published on Apr 4, 2026

    GM Korea Signals More Investment as KDB Talks Begin

    GM Korea has left open the possibility of making additional investments following its recently announced $300 million investment. With the ‘10-year stay agreement’ signed in 2018 with its second-largest shareholder, the Korea Development Bank (KDB), set to …

    Source: Business Korea - Neutral
  • Published on Mar 26, 2026

    GM Korea Boosts Investment Amid Withdrawal Rumors

    GM Korea, which had been embroiled in withdrawal rumors due to high U.S. tariffs, has doubled its domestic investment and moved to address the situation. Based on the high global demand for small sport utility vehicle (SUV) models produced domestically …

    Source: Business Korea - Neutral
  • Published on Mar 25, 2026

    GM Korea puts exit talk to rest with $600m investment

    Funds to upgrade plants, reinforce small SUV export hub GM Korea said Wednesday it will invest $600 million in its South Korean operations to upgrade production facilities and strengthen the competitiveness of its small SUVs, effectively putting …

    Source: Korea Herald - Neutral
  • Published on Apr 8, 2026

    Labor Panel Grants POSCO “Employer” Status over Subcontractor Unions

    The North Gyeongsang Provincial Labor Relations Commission’s ruling on April 8 that POSCO holds employer status over its subcontractor’s union is expected to trigger a ‘domino effect of bargaining pressure’ on key industries, including automotive, …

    Source: Business Korea - Neutral
  • Published on Apr 4, 2026

    Labor Panel Orders Contractors to Bargain with Subcontractor Unions First Under New Law

    Tension is rising in the business community after a Labor Relations Commission ruled for the first time since the ‘Yellow Envelope Act’ (amended Trade Union and Labor Relations Adjustment Act) took effect that a prime contractor must directly negotiate …

    Source: Business Korea - Neutral
  • Published on Mar 26, 2026

    GM to invest US$600 in its South Korean operations

    US automaker General Motors Company announced that it plans to invest US$ 600 million in its South Korean subsidiary, GM Korea, to upgrade its production equipment and introduce new models at its plants in the country. This is double the US$ 300 million …

    Source: Just Auto - Neutral
  • Published on Mar 25, 2026

    ​General Motors to invest $600 million in its South Korean unit

    GM Korea sold 462,310 vehicles in 2025, mostly via exports to the United States. General Motors, which received a South Korea government rescue package in 2018 to stay in the Asian country, said on Wednesday it plans to invest $600 million in its local …

    Source: ETAuto - Indeterminate
  • Published on Mar 25, 2026

    GM to invest $600 million to upgrade manufacturing facilities in Korea

    Published: 25 Mar. 2026, 17:45 Updated: 25 Mar. 2026, 18:05 Hector Villarreal, president of GM Korea, delivers remarks at the media launch event for the Cadillac Escalade at IVEX Studio in Gwangmyeong, Gyeonggi, on April 16, 2025. [NEWS1]   General Motors …

    Source: Korea JoungAng Daily - Center-right
  • Published on Apr 2, 2026

    GM to invest over $150m in Saginaw casting facility in US

    General Motors will invest more than $150m in its Saginaw Metal Casting Operations (SMCO) to support next-generation V-8 engine production. The US automaker said the funding will be used to install new equipment and tooling at the Saginaw facility, forming …

    Source: Just Auto - Neutral
  • Published on Mar 26, 2026

    GM quells Korea exit fears with US$600m retool, but still no EVs

    GM is putting capital behind its commitment to stay in Korean auto production, but a lack of EVs has left local  unions unsure about the long-term. By Stewart Burnett General Motors has announced a US$600m investment into its South Korean manufacturing …

    Source: Automotive World - Neutral
  • Published on Mar 26, 2026

    GM to invest $600 million in South Korea plants amid modernization push

    The automaker increases its investment by $300 million on top of the previous plan to upgrade facilities and enhance small SUV production, even as sales decline. On the Dash: GM will invest $600 million in South Korea, including an additional $300 million …

    Source: CBT News - Georgia - Pending
  • Published on Mar 25, 2026

    (LEAD) GM to invest US$600 mln in S. Korea to strengthen nation as global hub for small SUVs

    (ATTN: UPDATES from para 3; ADDS photo) SEOUL, March 25 (Yonhap) -- General Motors (GM) Co. said Wednesday it plans to invest US$600 million in South Korea to upgrade production facilities and strengthen its local unit as the U.S. automaker's global …

    Source: Yonhap News Agency - Center-right
  • Published on Mar 25, 2026

    GM to Invest $600 Million in S. Korean Unit

    Photo : YONHAP News General Motors(GM) says it will ​invest 600 million dollars ​in ​its South Korean ‌unit to upgrade ​manufacturing ​facilities ⁠and ​products in order to strengthen its global competitiveness.  GM Korea held a joint event with its labor …

    Source: KBS World - Pending
  • Published on Mar 25, 2026

    GM to invest $600 million in its South Korean unit

    SEOUL, March 25 : General Motors, which received a South Korea government rescue package in 2018 to stay in the Asian country, said on Wednesday it plans to invest $600 million in its local unit to upgrade manufacturing facilities and products. The U.S. …

    Source: Channel News Asia - Pro-Government
  • Published on Mar 12, 2026

    Foreign Firms in Korea Averaged Corporate Tax Ratio of Low 1% Range of Revenue

    While corporate tax payments by foreign firms operating in Korea have dropped by more than 30% over the past two years, Woowa Brothers, the operator of Baedal Minjok (Baemin), was found to have the highest corporate tax ratio relative to revenue. Notably, …

    Source: Business Korea - Neutral
  • Published on Mar 12, 2026

    407 Subcontractor Unions Demand Bargaining on First Day Under New Law

    With the enforcement of the ‘Yellow Envelope Act’ (Articles 2 and 3 of the amended Trade Union and Labor Relations Adjustment Act), demands for collective bargaining between principal and subcontractors are spreading across industrial sites. On the first …

    Source: Business Korea - Neutral
  • Published on Mar 11, 2026

    407 subcontractor unions demand negotiations on first day of ‘Yellow Envelope' bill

    Published: 11 Mar. 2026, 17:28 Updated: 11 Mar. 2026, 17:30 Unionized workers of the Korean Confederation of Trade Unions shout slogans during a rally in central Seoul on March 10, the first day the so-called Yellow Envelope Bill went into effect.[YONHAP …

    Source: Korea JoungAng Daily - Center-right
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