Report: GM to begin repaying $6.7 billion in government loans early
Monday, November 16th, 2009
According to Automotive News, General Motors will announce today that it plans to start repaying its $6.7 billion loan to the U.S. Treasury by year-end due to the modest operating improvements. GM will unveils its first post-bankruptcy earnings report today and will begin making $1 billion quarterly installments on the loan on December 31. Continued after the jump!
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