GM Korea pledges $300 mil. investment to ease exit rumors

GM Korea pledges $300 mil. investment to ease exit rumors

General Motors (GM) Korea has pledged to inject $3 million to upgrade its products and facilities here, while unveiling plans to launch its Buick brand and roll out three new GMC models in 2026 — a move aimed at quelling unceasing rumors of its possible exit from the local market. It is unusual for the U.S. automaker to announce both a large-scale investment and an expanded product portfolio, which the company says are intended to enhance its mi…