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A service for auto industry professionals · Tuesday, July 5, 2022 · 579,906,148 Articles · 3+ Million Readers
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GM Korea (GM Daewoo) News Monitoring

  • Published on Jul 1, 2022

    GM Korea's June sales fall 0.7 pct amid chip shortage

    SEOUL, July 1 (Yonhap) -- GM Korea Co., the South Korean unit of General Motors Co., said Friday its sales fell 0.7 percent last month from a year earlier amid a global chip shortage. GM Korea sold 26,688 vehicles in June, down from 26,876 units a year ago …

    Source: Yonhap News Agency - Uncategorized
  • Published on Jul 4, 2022

    Hyundai Motor Unionists Vote for a Strike

    Hyundai Motor Co.'s unionists have voted for the first strike in four years. If the carmaker's labor union stages a strike, it may spread to other carmakers, sparking off a summer labor struggle. In a vote on July 1, 71.8 percent of Hyundai Motor …

    Source: Business Korea - Neutral
  • Published on Jul 1, 2022

    S.Korea's global automotive sale falls 2.2 pct in June

    SEOUL, July 1 (Xinhua) -- South Korea's global automotive sale fell last month due to the continued supply shortage of semiconductors used to make cars, industry data showed Friday. The number of vehicles, sold globally by five local automakers, …

    Source: Xinhua Net - Gov't Propaganda
  • Published on Jun 29, 2022

    Labor Unions Demand Excessive Wage Hikes

    So-called “aristocratic labor unions” are attempting to raise wages by hundreds of millions of won, citing price hikes. Labor unions of major Korean conglomerates are putting pressure on the management by threatening to go on strike if their wage demands …

    Source: Business Korea - Neutral
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