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    Report: GM, Opel agree to restructuring, clearing the way for German loans

    To the German government authorities who think General Motors is financially sound enough to pay for Opel's restructuring without loan-guarantee assistance, Opel CEO Nick Reilly says that's not the case. "You need to remember that GM is first of all founded by U.S. taxpayers," Reilly was quoted ...

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    German lawmakers said to oppose Opel loans, argue GM is healthy enough on its own

    General Motors isn't finished with Opel, but the German government would apparently like to be finished with General Motors. Michael Fuchs, a senior member in Angela Merkel's ruling CDU party, has reportedly declared "The discussion ... about financial aid for Opel must be ended once and for ...

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    Video: Ed Whitacre tells America GM has repaid U.S. loans in new ad

    General Motors pays its loans early – Click above to view the video after the jump
    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 ...

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    Report: GM to announce repayment of federal loans in full on Wednesday

    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 ...

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    GM asking Department of Energy for $2.6 billion to build hybrids?

    Click above for high-res image gallery of the 2011 Chevy Volt
    General Motors released an updated business plan to Congress on Wednesday, and one of the main points of interest surrounds the automaker's request of an additional $2.6 billion for the production of the Chevrolet Volt and two ...

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    GM requests $16.6 billion more in Viability Plan, Saturn and Saab futures bleak

    General Motors has just revealed its Viability Plan that was due today to the U.S. Treasury Department under the loan agreement signed back on December 31, 2008. Just like Chrysler, GM is requesting more money than it was initially loaned due to domestic and global industry sales that were ...

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    GM asks Congress to kickstart its heart with ambitious plan

    General Motors has just revealed the plan it has submitted to Congress today, and the details show just how far the largest U.S. automaker is willing to go in order to secure bridge loans from the federal government. The plan includes selling Saab, possibly killing Saturn and scaling back Pontiac, ...


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