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GM Korea to invest W100 bil. for retooling


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 |

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