TSLA447.39013.94%
GM75.620-0.82%
F13.7001.71%
RIVN14.4690.5193%
CYD50.8402.32%
HMC24.3700.26%
TM186.9105.24%
CVNA70.090-3.63%
PAG166.315-2.715%
LAD271.590-3.71%
AN190.385-4.97501%
GPI329.520-6.62%
ABG193.280-0.4%
SAH76.645-1.935%
TSLA447.39013.94%
GM75.620-0.82%
F13.7001.71%
RIVN14.4690.5193%
CYD50.8402.32%
HMC24.3700.26%
TM186.9105.24%
CVNA70.090-3.63%
PAG166.315-2.715%
LAD271.590-3.71%
AN190.385-4.97501%
GPI329.520-6.62%
ABG193.280-0.4%
SAH76.645-1.935%
TSLA447.39013.94%
GM75.620-0.82%
F13.7001.71%
RIVN14.4690.5193%
CYD50.8402.32%
HMC24.3700.26%
TM186.9105.24%
CVNA70.090-3.63%
PAG166.315-2.715%
LAD271.590-3.71%
AN190.385-4.97501%
GPI329.520-6.62%
ABG193.280-0.4%
SAH76.645-1.935%

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
GM-LG battery venture recalls small group of Ohio workers as EV demand slows

GM-LG battery venture recalls small group of Ohio workers as EV demand slows

- May 13, 2026
On the Dash: EV production volatility is directly affecting supply chain employment and factory output decisions. Incentive-driven demand shifts are forcing automakers to adjust production more quickly than long-term EV...
Toyota launches all-electric campaign focused on everyday usability and skeptical EV buyers

Toyota launches all-electric campaign focused on everyday usability and skeptical EV buyers

- May 13, 2026
On the Dash: Toyota is shifting EV messaging toward practicality, lifestyle integration, and first-time EV adoption. Multicultural marketing remains a major focus as automakers refine customer acquisition strategies. Dealers may...
Ford launches energy storage business with plans for U.S.-assembled battery systems

Ford launches energy storage business with plans for U.S.-assembled battery systems

- May 12, 2026
On the Dash: Ford is expanding its business model beyond vehicle sales into long-term energy infrastructure and commercial services. The move could strengthen Ford’s domestic battery manufacturing footprint and supply...
Koon Motors

How Koons Motors is putting AI to work in the real world 

- May 12, 2026
AI continues to evolve rapidly across automotive retail, but one of the biggest questions remains what is actually working on the ground. Joining us on the latest episode of CBT...
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.