Is GM About to Leave Korea?

Before you go, we thought you'd like these...
Before you go close icon

You wouldn't know it from the cars on the streets in Seoul, but General Motors is South Korea's third-largest automaker. GM makes cars and SUVs in Korea for export to markets around the world -- a strategy that has helped keep costs on some smaller models competitive.

But costs are rising, thanks to a combative local union -- and GM is hinting that it might take its production elsewhere. In this video, contributor John Rosevear looks at the war of words between GM and the local Korean union -- and at why it might make sense for GM to move its operations elsewhere.

Few companies provoke such strong feelings as General Motors, but ignoring emotions to make good investing decisions is hard. The Fool's premium GM research service can help you understand the real risks facing General Motors -- and the real opportunities for investors. Just click here to get started now.

The article Is GM About to Leave Korea? originally appeared on

Fool contributor John Rosevear owns shares of General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

People are Reading