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.
Ohio Senator Pens Scathing Letter To GM CEO Over Lordstown Job Cuts
Senator Sherrod Brown demanded answers over why GM hasn't invested in the Lordstown facility.
GM To Cut Second Shift At Lordstown Plant Taking Up To 1,500 Jobs With It
The plant solely builds the Chevrolet Cruze.
It’s Looking Increasingly Likely That GM Korea Will Fold
Some analysts believe even investments and a debt-to-equity swap won't be enough.
South Korean Public Lacks Sympathy For Auto Union Amid GM Turmoil
The union has often been criticized for its militantism and labor practices.
Like GM, Ford Also May Plan To Trim Passenger Car Portfolio
Ford may kill off the Taurus and Fiesta in the United States.
South Korean Union Members Storm Executive Offices Follow No Bonus Payments
GM Korea agreed to the bonus payments last year, but the company could not pay them out.
Gunsan, South Korea Declared “Industrial Crisis” Zone Amid GM Plant Closure
The move will provide more financial support to business affected by the GM plant closure.
Gunsan, South Korea Declared “Industrial Crisis” Zone Amid GM Plant Closure
The move will provide more financial support to business affected by the GM plant closure.