TOKYO -- General Motors said on Tuesday it has continued importing vehicles from South Korea despite footing hefty tariffs imposed by U.S. President Donald Trump, as its mainland Chinese business stabilizes and restructuring remains "on track."
US carmaker says China restructuring 'on track' as rivals struggle
General Motors' South Korean subsidiary continues to serve as an export base for the carmaker, which is shipping to the U.S. despite being subject to hefty tariffs. © Reuters
TOKYO -- General Motors said on Tuesday it has continued importing vehicles from South Korea despite footing hefty tariffs imposed by U.S. President Donald Trump, as its mainland Chinese business stabilizes and restructuring remains "on track."