GM to Step Up Debt Repayment
420 views · Published 17 November 2009 · 1:54 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
General Motors says it lost more than a billion dollars in the third quarter, but the head of the U.S. auto giant says the company has performed better than expected. GM CEO Fritz Henderson says as a result, the company is now in a better position to begin repayment of nearly seven billion dollars in emergency U.S. government loans. VOA's Mil Arcega has more.