GM Korea to lift production to 500,000 units in 2026

Core Insights - GM Korea aims to increase production by 8.5% to 500,000 vehicles in 2026, up from 461,000 units in 2025, to meet rising export demand, particularly from the US [1] - The company previously faced concerns about potentially discontinuing production in South Korea due to a 25% import tariff imposed by the US, which was later reduced to 15% after South Korea committed to a $350 billion investment in the US [2] - Over 95% of GM Korea's production last year was exported, with shipments to the US accounting for over 85% of total output [3] Production and Sales - GM Korea sold only 15,100 vehicles in South Korea last year, marking a 39% decline compared to 2024 volumes [4] - The company plans to introduce new models, including the all-electric Hummer SUV, to boost domestic sales [4] - GM Korea operates two plants in South Korea, producing the Trax and Trailblazer models, and has been requested by General Motors to run these plants at full capacity [5] Investment and Future Plans - General Motors plans to invest $300 million to enhance manufacturing operations in South Korea, including retooling assembly lines for new generation models [7] - CEO Mary Barra highlighted strong overseas demand for vehicles produced in South Korea, which positively impacts the company's earnings [6]