Emerging from bankruptcy, GM prepares to repay bailout loans
DETROIT -- Fourteen days after taking the helm as chief executive of General Motors Co., Edward E. Whitacre Jr. said the giant automaker, which went through a major bankruptcy restructuring earlier this year, plans to repay loans from the U.S. and Canadian governments by the end of June.
In one of his first face-to-face meetings with reporters at the company's headquarters in downtown Detroit, Whitacre talked for an hour about a range of topics from visiting an auto plant last week in Flint, to shuffling top managers and the company's strategy of improving its vehicles, sales and brand image.
Source: Emerging from bankruptcy, GM prepares to repay bailout loans
In one of his first face-to-face meetings with reporters at the company's headquarters in downtown Detroit, Whitacre talked for an hour about a range of topics from visiting an auto plant last week in Flint, to shuffling top managers and the company's strategy of improving its vehicles, sales and brand image.
Source: Emerging from bankruptcy, GM prepares to repay bailout loans
