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General Motors Co (GM.N)

GM.N on New York Stock Exchange

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20 Feb 2018
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Mon, Feb 19 2018

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South Korea's Moon bemoans GM plant closure move, calls on government to help workers

SEOUL South Korean President Moon Jae-in said on Monday General Motors Co's (GM) decision to shut down a factory south of Seoul will hurt that region, and called upon his administration to take measures to boost economic activity there.

Lost in translation? GM plant shutdown shocks South Korea

SEOUL Only weeks into a new job heading General Motors Co's international operations, Barry Engle flew into a frigid South Korea in January and held a series of meetings with government officials to discuss the future of GM's loss-making local unit. | Video

BRIEF-Appaloosa Dissolves Share Stake In GM & Whirlpool, Ups Stake In Allergan

* APPALOOSA LP DISSOLVES SHARE STAKE IN GENERAL MOTORS CO - SEC FILING

UPDATE 3-S.Korea union says GM plant closure is "death sentence", threatens strike

* GM plans to shut one plant by May, will decide on 3 more soon

GM Korea offers workers 3 times annual wage, tuition fees for redundancy

SEOUL, Feb 14 General Motors' South Korean unit is offering workers three times their annual base salary, money for college tuition and more than $9,000 towards a new car as part of a voluntary redundancy plan at the troubled automaker.

S.Korean union protests GM plant closure move, calls it a "death sentence"

SEOUL, Feb 14 Workers at a General Motors (GM) plant in South Korea that the U.S. automaker plans to close staged a protest on Wednesday, saying the decision was a "death sentence" that had not been discussed with unions.

GM to shut one South Korea plant, decide on fate of others within weeks

DETROIT/SEOUL U.S. President Donald Trump on Tuesday used a decision by General Motors Co to close one of its four plants in South Korea to launch fresh criticism of the U.S.-South Korea trade agreement.

BRIEF-GM Korea to close one of four plants in South Korea

* ‍GM KOREA COMPANY (GM KOREA) ANNOUNCED THAT IT WILL CEASE PRODUCTION AND CLOSE ITS GUNSAN PLANT BY END OF MAY 2018​

GM will shut a South Korean plant, more cuts could follow

DETROIT, Feb 12 General Motors Co will close one of four vehicle assembly plants in South Korea, and will decide the future of the remaining operations within weeks, based on the outcome of talks with the government and labor unions, GM President Dan Ammann told Reuters on Monday.

Ford revs up large SUV production to boost margins, challenge GM

LOUISVILLE Ford Motor Co said on Monday it will boost production targets for two large sport utility vehicles by 25 percent this year to challenge rival General Motors Co's hegemony in a highly profitable U.S. market segment and boost its own anemic profit margins.

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