GM plans gradual pullout of South Korea as labour costs surge

General Motors has begun gradually cutting its presence in South Korea after mounting labour costs and militant unionism triggered a rethink of its reliance on the country for a fifth of its global production, three individuals familiar with GM’s thinking said.

via Business feed http://www.scmp.com/business/companies/article/1296105/gm-plans-gradual-pullout-south-korea-labour-costs-surge