GM Korea, which exports 85% of its total production volume to the U.S., faces significant impacts due to the U.S.’s high tariff measures on imported vehicles. The company has not presented any self-help measures, unlike Hyundai Motor Group which plans to invest in building new factories to reduce tariff uncertainty. Tensions are high as Global GM, GM Korea’s de facto headquarters, mentioned the possibility of relocating factories if trade policies worsen profitability.
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Auto-posted at: 2025-03-27 21:02:17