South Korea takes more cautious view on GM Korea turnaround than U.S. automaker

May 11, 2018 admin Business News Comments Off on South Korea takes more cautious view on GM Korea turnaround than U.S. automaker

SEOUL (Reuters) – General Motors’ South Korean unit is expected to swing to a profit from 2022, state-run Korea Development Bank (KDB) said on Friday, offering a more subdued outlook for the troubled unit compared with the U.S. automaker which sees a profit from 2019.

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Source:: Reuters – Business News