
GM Korea Co, the South Korean unit of U.S. automotive giant General Motors Co., is expected to foot the bill for the pullout of the Chevrolet brand from Europe, a corporate source said Wednesday. The confirmation comes after General Motors International Operations (GMIO), which controls the South Korean company, recently said it set aside $621 million needed to discontinue sales of Chevrolet-badged cars in Europe and halt operations of local sales companies.
GMT 17:56 2018 Wednesday ,17 January
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