US automaker GM has began withdrawing its operations in South Korea because of rising labor costs. Management claims that labor cost per vehicle in Korea was $1,133 last year compared with an average $677 per vehicle across GM's international operaitons. GM labor unions in Korea have called the plan a bluff aimed at discouraging workers from seeking pay increases.
See "GM plans gradual pullout of South Korea as labor costs surge", Norihiko Shirouzu and Hyunjoo Jin, Reuters, August 11, 2013