Gm Korea News - Latest Updates & Headlines
US auto tariff threat stokes fears over GM Korea's possible exit
Seoul, April 2: The United States' plan to impose 25 per cent tariffs on imported automobiles starting this week has ignited concerns over the long-term stability of GM Korea, the South Korean unit of General Motors (GM), raising the possibility of its potential withdrawal from South Korea, industry observers noted on Wednesday.
Automotive industry calls for measures to soften blow from US tariffs
Seoul, March 28: The South Korean automotive industry on Friday called for measures to soften the anticipated fallout from the U.S. administration's plan to impose auto tariffs and reciprocal tariffs next week, according to officials.