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GM says South Korean arm may file for bankruptcy

Tuesday, March 27, 2018 - 01:08

General Motors says its loss-making South Korean arm may file for bankruptcy if the union representing local workers doesn't agree to cutting labor costs by April 20. The statement puts pressure on both striking workers and the South Korean government to agree to a proposed company restrcuture. Ed Giles reports.

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General Motors says its loss-making South Korean arm may file for bankruptcy if the union representing local workers doesn't agree to cutting labor costs by April 20. The statement puts pressure on both striking workers and the South Korean government to agree to a proposed company restrcuture. Ed Giles reports.

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GM says South Korean arm may file for bankruptcy

Tuesday, March 27, 2018 - 01:08