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US: GM withdraws US$14.4bn loan request

General Motors has announced that it is withdrawing its application for US$14.4bn in federal loans from the US Department of Energy (DOE). The OEM says the move is due to a considerable improvement in its business performance. The step supports GM's efforts to eliminate most of its debt and fully It’s time to log in … Continued

General Motors has announced that it is withdrawing its application for US$14.4bn in federal loans from the US Department of Energy (DOE). The OEM says the move is due to a considerable improvement in its business performance. The step supports GM's efforts to eliminate most of its debt and fully

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