GM Korea's labor dispute intensifies over possible walkout, facility sale tensions amid US tariff woes
An ongoing labor dispute at GM Korea, the Korean unit of General Motors, has escalated as the union secured the legal right to strike following a breakdown in wage negotiations, sources said Monday, fueling concerns that the American auto giant may scale back its production in Korea amid the threat of U.S. auto tariffs. According to the sources, the National Labor Relations Commission earlier in the day suspended its mediation of wage negotiations between GM Korea's management and the union, citing deep differences in the positions between the two sides. The suspension legally allows the union to begin collective action, intensifying a standoff already marked by widespread worker opposition to the company's plan to sell GM's Korean service centers nationwide and unutilized facilities at its plant in Bupyeong in Incheon, west of Seoul. The union has demanded the withdrawal of the asset sale plan as a precondition for the wage negotiations. In a vote carried out last month, 88.2 percent of GM Korea's 6,851 union members voted in favor of a walkout, the highest approval rate for a strike inWeiter zum vollständigen Artikel bei Korea Times
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Datum | Rating | Analyst | |
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10.04.2025 | General Motors Neutral | UBS AG | |
03.04.2025 | General Motors Market-Perform | Bernstein Research | |
10.10.2022 | General Motors Neutral | UBS AG | |
07.12.2020 | General Motors Outperform | Credit Suisse Group | |
03.12.2020 | General Motors buy | Goldman Sachs Group Inc. |
Datum | Rating | Analyst | |
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07.12.2020 | General Motors Outperform | Credit Suisse Group | |
03.12.2020 | General Motors buy | Goldman Sachs Group Inc. | |
24.03.2020 | General Motors buy | UBS AG | |
13.02.2019 | General Motors Buy | Seaport Global Securities | |
11.01.2019 | General Motors Outperform | BMO Capital Markets |
Datum | Rating | Analyst | |
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10.04.2025 | General Motors Neutral | UBS AG | |
03.04.2025 | General Motors Market-Perform | Bernstein Research | |
10.10.2022 | General Motors Neutral | UBS AG | |
18.06.2020 | General Motors Hold | Jefferies & Company Inc. | |
26.03.2019 | General Motors Neutral | Goldman Sachs Group Inc. |
Datum | Rating | Analyst | |
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28.03.2018 | General Motors Sell | Goldman Sachs Group Inc. | |
07.02.2018 | General Motors Sell | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) | |
06.02.2018 | General Motors Sell | Goldman Sachs Group Inc. | |
16.03.2017 | General Motors Sell | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) | |
06.03.2017 | General Motors Sell | Joh. Berenberg, Gossler & Co. KG (Berenberg Bank) |
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