Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking. 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
General Motors is launching new vehicles in South Korea this year, and this was announced on Monday, Jan. 30. The automaker headquartered in Detroit, Michigan, said it would introduce six new models, including all-electric vehicles.
The CEO of General Motors in Korea further shared that they will also improve their customer services in the country to get more closer to local consumers. He also hinted that for future productions, they are also planning to manufacture electric vehicles in factories located in the country.
According to The Korea Times, General Motors will be unveiling its newest crossover utility vehicle (CUV), called the Chevrolet Trax Crossover, very soon. The company will be building the CUVs at its facility in Changwon, South Gyeongsang Province. These will also be exported to the North American market and other countries.
The automaker is hoping that its new Trax Crossover will bring in more sales while boosting its production capacity in its Korean factories. Customers worldwide can expect to see this new CUV in the first quarter.
General Motors will also release three other brands, including GMC, Chevrolet, and Cadillac. All the models are the latest designs, and it was specially mentioned that Cadillac Lyriq, an all-electric vehicle, will also debut in the Korean market this year.
“General Motors is an American brand from the bottom of heart. The key words symbolizing America are like freedom, diversity, pioneering spirit, inclusion,” GM’s chief marketing officer, Jung Yoon Jung, said in a press release.
He added, “We want to convey these American values that Chevrolet pursues to our customers in Korea through our new brand campaign called ‘BE CHEVY.’ Cadillac and GMC will also strengthen their presence in the imported car and luxury market based on the value of each brand and create an identity as an authentic American Brand.”
Photo by: RTD Photography/Flickr (CC BY-SA 2.0)
