US: GM CEO sees loan repayments before June

In a speech in San Antonio, Texas, General Motors chief executive officer Ed Whitacre has indicated that the OEM will pay back roughly US$8bn in debt to the US and Canada before June 2010, a repayment schedule that would be quicker than previously promised. GM was given US$50bn of government Subscribe to Automotive World to … Continued

• By Webmaster
• March 11, 2010