
SEOUL -- The city of Gunsan in southwestern South Korea is in the throes of a steep economic downturn after the closures of two manufacturing plants that had made it a thriving industrial hub.
At the end of May, General Motors' South Korean unit shut down its plant in Gunsan, delivering an additional blow to the city, which was already reeling from the effects of the closure of Hyundai Heavy Industries' shipyard in 2017.