It will also create 1,750 new jobs.
Category: GM employment
The amount of the severance packages was not disclosed.
Céspedes is a 28-year GM veteran.
DeNysschen announced his departure from Infiniti yesterday.
GM has recalled the executive back to Washington DC.
The fourth consecutive year GM Korea workers have voted to strike.
Today South Korean unions will decide whether to strike at GM Korea’s plants.
The new jobs will be put in place in early 2015.
The plant was closed since last Tuesday,
The strike, which has been marred by violence, began July 1.
Yongqing has been a part of Shanghai GM since 1995.
GM Canada’s pension fund for its retirees is $3.7 billion in the red zone.
The Luton plant has consistently built vehicles for more than 100 years.
Clegg is a 31-year GM veteran.