General Motors Co. (NYSE: GM) released this statement from CEO Mary Barra following the decision of United States Bankruptcy Court Judge Steven W. Rhodes to approve the City of Detroit’s Plan of Adjustment:
“Judge Rhodes’ decision is historic and a validation for everyone who has been committed to Detroit. Working together, we can transform the city and you can see clear progress in the restoration of downtown, the entrepreneurs who are flocking here, the massive building projects getting underway and the work being done to improve education, neighborhoods and city services.”