THE INVESTOR

메뉴열기
April 27, 2018

[URGENT] GM Korea decides to close Gunsan plant

PUBLISHED : February 13, 2018 - 10:07

UPDATED : February 13, 2018 - 10:43

  • 본문폰트 작게
  • 본문폰트 크게
  • 페이스북
  • 트위터
  • sms

[THE INVESTOR] General Motors will shut down one of its four plants in Korea by the end of May due to a drop in demand, the local unit of the global company said on Feb. 13.

The plant to be closed is in Gunsan, 274 kilometers south of Seoul.

“The performance of our operations in Korea needs to be urgently addressed by GM Korea and its key stakeholders. As we are at a critical juncture of needing to make product allocation decisions, the ongoing discussions must demonstrate significant progress by the end of February, when GM will make important decisions on next steps,” GM Executive Vice President Barry Engle said in a statement.

GM has five production facilities in Korea -- four car assembly plants and one transmission factory.

By Song Seung-hyun (
ssh@heraldcorp.com)

  • 페이스북
  • 트위터
  • sms
최상단으로
Herald Corporation|CEO : Kwon Chung Won
Chief Privacy Officer & Juvenile Protection Manager : Shin Chang Hoon
Company Registration No. 104-81-06004
Mail-Order Business Registration 2016 - Seoul Yongsan - 00590
Huam-ro 4-gil 10, Yongsan-gu, Seoul, Korea
T : +82-2-727-0615|Business info
COPYRIGHT HERALD CORPORATION. ALL RIGHTS RESERVED.