The Detroit automaker said Wednesday the latest commitment of $300 million — earmarked for press machinery upgrades and plant modernization — builds on an equal investment announced in December 2025 for product enhancement and technology improvements across its Korea-built SUV lineup, bringing the combined total to $600 million.
GM Korea President and CEO Hector Villarreal said the investment reflects the company's confidence in its local workforce and operations.
"Competition continues to grow across the global industry, with many new OEMs entering export markets around the world. While our work is not done, we have a strong foundation, and this investment is a sign of confidence in our operations," he said.
Korea Development Bank Chairman Park Sang-jin, whose institution holds a stake in GM Korea as a secondary shareholder, said the bank would continue working with GM to ensure the unit sustains its competitiveness in global markets over the long term.
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