GM Korea, union reach tentative wage deal to avert bankruptcyApril 23
Activist investor turns up heat on HyundaiApril 23
Activist hedge fund Elliott Management dismissed Hyundai Motor Group's restructuring plan as insufficient on Monday and called on the South Korean conglomerate to adopt a holding company strategy and appoint more independent board members.
GM Korea, union fail to reach wage dealApril 20
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?April 19
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.
GM Korea, union fall short of deal before deadlineApril 19
South Korea minister: GM's local unit needs to survive on own in long termApril 16
GM Korea future hangs by a thread as 16-year foray risks foldingApril 12
GM Korea may drop Chevy Spark, replace it with crossoverApril 9
GM workers storm Korea CEO's office after company holds back bonusApril 6
Hyundai group under pressure from U.S. activist hedge fund with $1 billion stakeApril 4
A unit of activist hedge fund Elliott Management revealed that it holds more than $1 billion worth of shares in key affiliates of Hyundai Motor Group and called for more rapid reform of the auto giant's governance.