Nissan to launch 8 electrified vehicles in Japan by 2022

Nissan aims to stoke sales in Japan by launching eight electrified vehicles and overhauling its dealer network over the next five years.

UPDATED: 4/20/18 9:21 am ET - adds details

GM Korea, union fail to reach wage deal

GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to avert a bankruptcy filing for the unprofitable operation. Talks will continue over the weekend.


South Korea minister: GM's local unit needs to survive on own in long term

South Korea's finance minister said that public funds could be used to support GM Korea only if it was clear that the business could survive on its own long term.

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UPDATED: 4/20/18 9:21 am ET - adds details
GM Korea, union fail to reach wage deal

GM's South Korean unit and its labor union failed to reach a wage deal after another round of talks that sought to avert a bankruptcy filing for the unprofitable operation. Talks will continue over the weekend.

As GM mulls options, how does bankruptcy work in S.Korea?

GM's Korean unit has warned that it would file for bankruptcy if there isn't a restructuring deal by Friday, as the operation is running out of cash to pay employees and suppliers amid slumping sales. A look at how South Korea's court-managed bankruptcy protection procedures work.


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