General Motors and the state-run Korea Development Bank will sign an initial funding agreement by Thursday morning,... to help GM's local unit keep its head above water.<br /> As part of the agreement, KDB will loan 464 million U.S. dollars to GM Korea.<br />GM will produce two new models in Korea from late 2019 as part of a two-point-eight billion dollar investment over the next decade, but there are still concerns over the long-term viability of GM Korea's operations.<br />The agreement will come a day earlier than expected,.. as GM's first quarter's earnings Conference will take place later on Thursday in the U.S. <br />
