GM Korea, Auto Union Reach Tentative Wage Agreement To Avoid Bankruptcy
GM Korea was on the verge of filing for bankruptcy.
PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts
Opel's Eisenach plant fears its workforce could be halved.
GM Korea And Union Fail To Reach Wage Deal, One Last Round Of Talks Underway
GM Korea and the local auto union failed to reach a wage deal after marathon talks on Thursday. Now, both sides are holding one last round of talks today in[...]
GM Korea Is “Simply Going To Run Out Of Money,” Automaker Says
The deadline to strike a deal and avoid bankruptcy is tomorrow, April 20.
GM Korea May Have A Tentative Funding Deal In The Works
The Korean Development Bank could sign a preliminary agreement on April 27.
US Slaps Chinese-Imported Cars With 25-Percent Tariff, GM Responds
General Motors, notably, imports the Buick Envision crossover and Cadillac CT6 plug-in from China to the U.S.
General Motors Says Bankruptcy Approaching For South Korean Business
GM Korea needs $600 million to make payments in April.
GM To Report First Quarter 2018 Earnings On Thursday, April 26
GM Authority will be on hand to provide live coverage of the announcement.
General Motors Invests $100 Million For Self-Driving Car Production
The Brownstown and Orion, Michigan, plants will see upgrades for self-driving car production.
GM President Dan Ammann Calls On South Korea To Pull Its Weight In Restructuring Effort
He said GM Korea can be a sustainable business, but every party has to partake in "shared sacrifice."