GM to strengthen South Korean operations in 2023

General Motors (GM) said it planned to launch six new and upgraded models in South Korea this year, tying to reverse its recent loss of market share in an increasingly competitive market.

The US automaker said on Monday it planned to launch the redesigned Trax Crossover model in the first quarter of 2023 which it plans to assemble at its plant in Changwon, to be followed by the Cadillac Lyriq EV and other imported vehicles including a GMC model later in the year.

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