Friday, April 13, 2018

GM sticks to April 20 deadline for Korea restructuring, unit logs $1 billion loss

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General Motors Co's president said common ground must be reached on a long-term financial restructuring of GM's South Korean auto unit by next Friday and if there was none, the operation would likely seek bankruptcy protection.

Continue reading GM sticks to April 20 deadline for Korea restructuring, unit logs $1 billion loss

GM sticks to April 20 deadline for Korea restructuring, unit logs $1 billion loss originally appeared on Autoblog on Fri, 13 Apr 2018 08:51:00 EDT. Please see our terms for use of feeds.

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