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CEO: GM to repay $6.7 billion in U.S. loans

23 hours ago ago from Tiny Car | Smart car News Blog

General Motors Co. plans to pay all of its $6.7 billion in government loans by the end of June, Chairman and CEO Ed Whitacre Jr. said Tuesday. Read more about CEO: GM to repay $6.7 billion in U.S. loans from Source Related posts: General Motors says it will repay government loan in June Chrysler won’t repay $3.7 billion TARP loan GM's Whitacre wants automaker to move faster, pledges quick repayment of government loans

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CEO: GM to repay government loans by end of June

1 day ago ago from One Better One

DETROIT – (AP) General Motors Co. plans to pay all of its $6.7 billion in government loans by the end of June, Chairman and CEO Ed Whitacre Jr. said Tuesday. The automaker plans to make quarterly installments starting this month with a $1.2 billion payment, Whitacre said. He said G Read Go here to read the rest: CEO: GM to repay government loans by end of June Go to Source Leave a Reply Name (required) Email ...

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Whitacre says priority on repaying loans, finding CEO

17 hours ago ago from Leftlane – news, reviews, and info for the auto-industry

Whitacre announced to reporters that among other pressing issues, such as finding a new CEO, GM is placing priority on paying back $6.7 billion in federal loans. Whitacre also pointed out that GM will be paying back $1.2 billion on December 31. Federal aid to GM including the periods leading up to, during, and after the bankruptcy restructuring total $50 billion. The running total of $50 billion in federal aid was eventually ...

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GM plans to repay U.S. loans by June – Tulsa World

19 hours ago ago from outfool.me

DETROIT (AP) — General Motors Co. plans to pay all of its $6.7 billion in government loans by the end of June, Chairman and CEO Ed Whitacre Jr. said Tuesday Read more here: GM plans to repay U.S. loans by June Tulsa World

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