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GM WILL INVEST $600 MILLION IN ITS SOUTH KOREAN UNIT

  • NEWS Desk Global
  • 4 days ago
  • 1 min read

General Motors, which received a South Korea government rescue package in ​2018 to stay in the Asian country, said on ‌Wednesday it plans to invest $600 million in its local unit to upgrade manufacturing facilities and products.

The U.S. automaker is adding a $300 million investment to another $300 million ​spending plan announced in December, it said.

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