GM to Close Auto Plant in South Korea in Restructuring

General Motors said Tuesday it will close an underutilized factory in Gunsan, South Korea, by the end of May as part of a restructuring of its operations.   The move is a setback for the administration of President Moon Jae-in, who has made jobs and wages a priority.   A GM statement said Monday the company has proposed to its labor union and other stakeholders a plan involving further investments in South Korea that would help save jobs.   "As we are at a critical...

© La Voix de l'Amérique - lundi 12 février 2018