Sentences with phrase «korean auto unit»

DETROIT, April 12 - General Motors Co's president said on Thursday that April 20 is a hard deadline to reach an agreement on a long - term financial restructuring of GM's South Korean auto unit, after which the operation would likely seek bankruptcy protection.

DETROIT / SEOUL, April 13 - General Motors Co's president said common ground must be reached on a long - term financial restructuring of GM's South Korean auto unit by next Friday and if there was none, the operation would likely seek bankruptcy protection.