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GM Korea closing its production plant after 60 years

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GM Korea to terminate operations in two plants due to chip shortage for now


GM Korea to terminate operations in two plants due to chip shortage for now
Photo by: General Motors Korea/Facebook
Friday, April 16, 2021 10:04 AM UTC
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GM Korea announced this week that it will be closing down two of its three production factories in South Korea. The operation will be suspended in the sites starting next week as the company has no more semiconductor parts to use in the cars.
Confirmed plant closure dates
As per Yonhap News Agency, GM Korea will halt all production works in its two plants located in Incheon. The company said that these sites would be closed from April 19 to April 23 and cited chip shortage as the reason for the decision. ....

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