General Motors plans to produce two new models in South Korea, according to a local lawmaker, quoting GM executive Barry Engle as saying this at a meeting with South Korean members of parliament.
Khodrocar - General Motors plans to produce two new car models in South Korea, a local lawmaker said, quoting GM executive Barry Engle as saying this at a meeting with South Korean members of parliament.
Engle, who is president of GM International, did not elaborate on whether the company's plan for the two new car models was dependent on government support for the automaker, according to South Korean politician Kim Sung-tae, who attended the meeting.
GM announced last week it will shutter a plant in the city of Gunsan, in the southwest of South Korea, by May, and decide within weeks on the fate of the three remaining plants in the country.
Source: CNBC
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