GM eyes 1,100 S. Korean job cuts ahead of Chevy's withdrawl in Europe, report says

GM said in December that it would stop selling Chevrolet in Europe by the end of 2015, a move that could affect production and jobs at its South Korean unit which produces most of Chevy cars sold there. (BLOOMBERG)

January 24, 2014 05:00 AM

SEOUL (Reuters) -- General Motors is seeking to cut shifts by half at one of its South Korean factories as it realigns global manufacturing in a move that could affect about 1,100 jobs, a source with direct knowledge of the matter told Reuters on Friday.

Featured Stories

Vehicles, certain auto parts are exempt from reciprocal tariffs, White House says

Vehicles, certain auto parts are exempt from reciprocal tariffs, White House says

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report

Elon Musk will stay until he completes DOGE mission, White House says, dismissing earlier report

Amazon’s used-vehicle interest could threaten listings companies

Amazon’s used-vehicle interest could threaten listings companies

Latest News

Trump keeps Canadian auto in tariff crosshairs, despite announcing no other duties

Vehicles, certain auto parts are exempt from reciprocal tariffs, White House says

Live updates on tariffs: Trump sets reciprocal tariffs of at least 10 percent

Daily 5 report for April 2: Can U.S. tariff response fill excess capacity at existing plants?

Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Vehicles, certain auto parts are exempt from reciprocal tariffs, White House says

Live updates on tariffs: Trump sets reciprocal tariffs of at least 10 percent

Daily 5 report for April 2: Can U.S. tariff response fill excess capacity at existing plants?

VW plans import fee on window sticker as tariffs loom, halts vehicle shipments via rail from Mexico to U.S., memo says

Staying current is easy with newsletters delivered straight to your inbox.