Here's The Case For GM's Full Exit From This Big Asian Market

General Motors' (GM) plan to close a struggling auto factory in South Korea may pave the path to a fuller retreat from a market in which it has operated for 16 years but where it also has incurred hefty losses for several years.

X The Detroit automaker said Monday that it will stop production and close its Gunsan plant by the end of May. It described this as a "necessary but difficult first step" in efforts to restructure South Korean operations. GM expects to take a roughly $850 million...

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