Austem says contract with General Motors Europe cancelled  [ EU ] [ Korea ]

Austem announced that its parts supply contract with General Motors Europe has been canceled, because the automaker called off a new model development project. The original contract covered the period between November 2011 and May 2018, and was worth KRW 183,475 million in sales. (From a press release on May 26, 2015)
<May 26, 2015>