SEOUL -- Cutbacks by foreign automakers are threatening to slash South Korea's annual vehicle production to below 4 million, a threshold that could doom an industry that accounts for about a fifth of the country's gross domestic product.
Annual output nears 4m minimum needed to sustain industrial base

A worker at GM Korea, which shut down one of its three South Korean plants last year. © Reuters
SEOUL -- Cutbacks by foreign automakers are threatening to slash South Korea's annual vehicle production to below 4 million, a threshold that could doom an industry that accounts for about a fifth of the country's gross domestic product.