gm loan payment

General Motors didn't use another government loan to pay off the much-celebrated $4.7 billion portion of its federal debt. According to a spokesperson with the Treasury Department cited by Bloomberg, the Detroit-based carmaker properly used funds from an escrow account to do the deed. The funds ...

Chris Shunk, Dan Roth, Chris Paukert and Jonny Lieberman mull over what we just saw at the Beijing Motor Show, the general public's changing opinion of which nations make quality automobiles, General Motors' loan repayment, and ...

It didn't take long for General Motors to turn out an ad boasting the fact that the company was able to pay back its federal loans five years ahead of schedule. The company has rolled out a new spot featuring ...

According to The Detroit News, General Motors will announce that it is fully repaying the federal loans it received last summer from both the United States and Canadian governments. In total, General Motors will have paid back about $6.7 billion ($2 billion of which has already been returned) of ...

Last December General Motors began repaying its debt to the U.S. government by making a $1 billion payment to its U.S. debtors and another $192 million to Canada. Company CEO Ed Whitacre promised that the payments would keep coming every quarter until the loan was paid off in June, 2010, and with ...