You wouldn't know it from the cars on the streets in Seoul, but General Motors (GM 0.92%) is South Korea's third-largest automaker. GM makes cars and SUVs in Korea for export to markets around the world -- a strategy that has helped keep costs on some smaller models competitive.

But costs are rising, thanks to a combative local union -- and GM is hinting that it might take its production elsewhere. In this video, Fool.com contributor John Rosevear looks at the war of words between GM and the local Korean union -- and at why it might make sense for GM to move its operations elsewhere.