TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
PAG171.66010.11%
LAD291.00013.76%
AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%
TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
PAG171.66010.11%
LAD291.00013.76%
AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%
TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
PAG171.66010.11%
LAD291.00013.76%
AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%

GM to invest $600 million in South Korea plants amid modernization push

The automaker increases its investment by $300 million on top of the previous plan to upgrade facilities and enhance small SUV production, even as sales decline.

GM to invest $600 million in South Korea plants

On the Dash:

  • GM will invest $600 million in South Korea, including an additional $300 million announced this week.
  • Funds will modernize two plants and enhance small-SUV production capacity.
  • GM Korea sales fell 7.5% to 462,310 vehicles in 2025, raising concerns among workers.

General Motors said Wednesday it will invest $600 million in its South Korean operations to upgrade manufacturing facilities and improve product competitiveness.

The automaker is adding $300 million to a previously announced $300 million investment plan from December. The funds will be used to modernize two plants in South Korea, including the adoption of the latest press machine models.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

The investment will also support upgrades to production capabilities, improvements in product quality, and efforts to strengthen technological competitiveness in small-sized SUVs produced in the country.

GM Korea remains a key production hub for the automaker’s small SUVs. The unit sold 462,310 vehicles in 2025, down 7.5% from the previous year, with most vehicles exported to the United States.

The announcement comes as workers continue to express concerns about GM’s long-term presence in South Korea. The automaker agreed to a $7.15 billion government rescue package in 2018, which requires GM to maintain its investment in the country for 10 years.

However, union officials noted that GM has not announced plans to produce new future models, including EVs, at its South Korean plants.

More from EVs & Technology
Cars.com expands AI video ads to boost VIN-level targeting, in-market conversions

Cars.com expands AI video ads to boost VIN-level targeting, in-market conversions

- April 29, 2026
On the Dash: Cars.com launched AI VIN video ads that automatically turn inventory into targeted social video campaigns. Early results show strong performance gains, including a 47% lift in influenced...
Stellantis streamlines connected services with two-tier offering

Stellantis streamlines connected services with two-tier offering

- April 29, 2026
On the Dash: Stellantis simplifies its connected services into Connect ONE and Connect PLUS to improve clarity and adoption New EV-focused tools enhance charging management and route planning for electrified...
Volvo CEO Håkan Samuelsson, Volvo's Q1 profit falls less than expected, as US EV sales slide

Volvo’s Q1 profit falls less than expected as U.S. EV sales slide

- April 29, 2026
On the Dash:  Volvo reports $7.8 billion in revenue in Q1 of 2026, down from $8.9 billion in Q1 last year. Cost cuts of roughly $190 million cushioned a steep...
How an AI sales agent drove 13% conversion for a major EV brand

How an AI sales agent drove 13% conversion for a major EV brand

- April 29, 2026
Every automotive website has the same problem. Thousands of visitors browse, and fewer than 3% ever take action. For EV brands, the problem is worse. Buyers carry anxieties that a...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.