GM to up repayments to US, Canada, repay Germany

Business | 206562 hits | Nov 16 8:12 am | Posted by: Robair

General Motors reported a loss Monday of 1.15 billion dollars since emerging from bankruptcy in July, but said improving market conditions would allow the automaker to repay state aid ahead of schedule.

Comments

by Anonymous
Mon Nov 16, 2009 5:42 pm
"GM said its results, which are not in compliance with US accounting standards, showed revenues in the third quarter of 28 billion dollars -- 26.4 billion bollars from the "new GM" and 1.6 billion dollars from the "old GM."

Can you say "fudge the numbers" lol
by Robair
Mon Nov 16, 2009 5:48 pm
Still not buying another GM. Ever.
by ASLplease
Mon Nov 16, 2009 7:28 pm
of course they can afford repayment, welching out on the pension plan has made them filthy rich.

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