GM to invest $300M in South Korea to ramp plant output and 2026 models
General Motors announces a $300M investment in South Korea to maximize plant capacity, update Trax and Envista, and prepare 2026 global models at GM Korea.
General Motors has announced a fresh investment initiative in South Korea. The statement came at the GM Korea Business Strategy Conference 2026, held at the company’s Incheon headquarters with senior executives and government representatives in attendance.
The automaker plans to allocate about 440 billion won, or roughly 300 million dollars. The funds are aimed at reinforcing its manufacturing base and running plants at full capacity to meet global demand. The project also extends beyond 2028, after the current investment cycle agreed with Korean authorities comes to an end.
GM Korea reaffirmed its commitment to the market on the back of a profitable 2024. Over the past two decades, the company has built 13.3 million vehicles in Korea and sold about 2.5 million units domestically. That track record tends to support a long-term approach rather than a one-off spending burst.
Today, GM’s Korean facilities produce four global subcompact crossover models for Chevrolet and Buick. The highest volumes come from the Chevrolet Trax and Buick Envista, alongside the Chevrolet Trailblazer and Buick Encore GX. The new investment will support planned updates to the Trax and Envista as part of their life cycles. Keeping those badges current is crucial in a segment where buyer loyalties can shift quickly.
GM indicated that its Korean plants remain a core pillar of the company’s global growth plan. The spending will also feed into preparations for new 2026 vehicles destined for worldwide markets, signaling an intent to keep Korea closely integrated into the brand’s future product cadence.