GM Daewoo’s Bupyeong plant idled for cut-off tire supply

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GM Daewoo Auto & Technology Co. has announced that its main operations at the Bupyeong plant in South Korea have halted due to its tiremakers cutting off supplies for higher prices. “Domestic tire suppliers today stopped supplying tires to call for higher tire prices and the Bupyeong plant has been sitting idly since 1 p.m. (0400 GMT),” GM Daewoo spokesman Kim Sung-Soo told Dow Jones Newswires. Continue reading GM Daewoo’s Bupyeong plant idled for cut-off tire supply