GM Korea puts exit talk to rest with $600m investment

GM Korea said Wednesday it will invest $600 million in its South Korean operations to upgrade production facilities and strengthen the competitiveness of its small SUVs, effectively putting speculation about a potential pullback from the country to rest. The investment will be used to upgrade production equipment, including the installation of new press machines at its plant in Bupyeong-gu, Incheon; improving safety infrastructure and working conditions; and boosting operational efficiency at it

By The Korea Herald