|
|
|---|
Thursday, April 22, 2010
Good news to all you GM investors out there: the General has just wrapped-up paying back its US Treasury / Export Development Canada loans while also investing $257 million in prepping its Malibu plants in Fairfax, Kansas (primary) and Detroit Hamtramck (secondary).
The total payment was $5.8 billion ($4.7 bilion to the US and the remaining $1.1 billion to Canada). According to a report from Automotive News, "the governments still own equity stakes in GM."
0 Comments:
Subscribe to:
Post Comments (Atom)
