GM to close one S. Korean plant by May on lower demand
상태바
GM to close one S. Korean plant by May on lower demand
  • Kim Su-a
  • 승인 2018.02.13 12:03
  • 댓글 0
이 기사를 공유합니다

General Motors Co. will shut down one of its four car assembly plants in South Korea by the end of May due to lower demand for its vehicles, the local unit of the U.S. carmaker said Tuesday.

The plant to be closed is in Gunsan, 270 kilometers south of Seoul. It has been underutilized, running at 20 percent of its capacity for the past three years. GM has five production facilities in Korea -- four car assembly plants and one transmission factory.

The move comes as part of the Detroit-based carmaker's broad restructuring program across the world. It has been aggressively scaling back or shutting down underperforming businesses and it "is now focused on finding a solution for its South Korean operations," GM Korea Co. said in a statement.

This photo taken on Feb. 13, 2018, shows a gate at GM's Gunsan plant, one of the company's four car assembly plants in South Korea. (Yonhap)

"The performance of our operations in South Korea needs to be urgently addressed by GM Korea and its key stakeholders. As we are at a critical juncture of needing to make product allocation decisions, the ongoing discussions must demonstrate significant progress by the end of February, when GM will make important decisions on next steps," GM Executive Vice President Barry Engle said in the statement. (Yonhap)


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.
주요기사