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GM Korea to invest W100 bil. for retooling

2012-12-05

GM Korea, the local unit of General Motors, said it will invest more than 100 billion won in expanding its facilities to produce turbocharged engines. It believes that new fuel-efficient powertrains will support the automaker’s local lineup and manufacturing.

“This significant investment is clear evidence of GM's long-term commitment in GM Korea and confidence in our ability to offer more advanced engines to satisfy our customers,” said GM Korea President and CEO Sergio Rocha.


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By Kim Tae-jong | http://www.koreatimes.co.kr

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