GENERAL MOTORS (GM.US) announced on Wednesday its plan to invest USD600 million in its South Korean subsidiary to upgrade manufacturing facilities and products. This investment adds an additional USD300 million to the USD300 million spending plan announced last December.The company stated that the investment will be used to modernize its two plants in South Korea by introducing the latest model stamping machines.Related News JPM Expects Strong 1H26 Gross Margin Growth for TSMC (TSM.US), Raises FY26-27 Earnings Forecasts(sw/t)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
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