GM Korea is denying reports by South Korean news media that it plans to outsource its entire complete-knocked-down-kit business to subcontractors in order to increase productivity and profitability. The General Motors Korean subsidiary exported 1.28 million CKD vehicles to various markets in 2012, with a large share going to GM Shanghai plants in China. The assembly kits accounted for more than 60% of the 2 million vehicles GM Korea produced in the year. “It is true that Tim Lee, ...
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