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USA Korea

GM selling South Korean plant to Tesla supplier for USD 99.5 million to manufacture EVs

Mar 30, 2019

On March 29, General Motors confirmed that it is working with a consortium of companies led by South Korean auto parts maker Myoungshin to sell its Gunsan plant, saying, “We aim to close this deal as soon as possible to ensure that there will be ongoing economic activity.”
While GM is not disclosing the sales price, ....

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