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.
South Korea on Friday urged General Motors' local subsidiary and labor union to reach a wage deal swiftly, after the automaker failed to make bonus payments — and triggered a violent protest in which workers ransacked GM's executive offices.
New look, new tech, new transmission.
It's the latest example of the president wading awkwardly into the global automotive industry.
South Korean auto companies believe that Washington will also seek to increase the 25,000-vehicle per U.S. automaker threshold for U.S. car shipments to South Korea.
Hyundai and its business partner are at loggerheads over cheap Chinese parts.
The U.S. goods trade deficit with South Korea has more than doubled since the U.S.-Korea free trade pact known as KORUS took effect in 2012.
Seoul to Pusan in 20 minutes, as opposed to three hours.
HTT wants to create an international connection, but Korea wants to develop hyperloop first.
Country's rule necessitating 10-hour maximum charging time may be eliminated next year.
Regulators around the world question oversight over emissions-testing policies that failed to stop 11 million VW diesels from being programmed to rig the system.
The details, of course, remain vague.
South Korean regulators will probe other diesel-vehicle importers for potential violations.
And you thought hearing the difference between Bolt and Volt was confusing in the States.
Is it real? Who knows, but maybe.