Bruce Nunnally Posted March 13, 2009 Report Share Posted March 13, 2009 General Motors Corp. has informed President Barack Obama’s auto task force that the struggling automaker will not need a $2-billion loan in March from the U.S. government, as it previously said it would, the company said early today. GM Chief Financial Officer Ray Young, in a statement, said the company won’t need the money so soon because cost cuts at the company, as well as other measures, are resulting in savings. [Freep] Bruce 2016 Cadillac ATS-V gray/black Follow me on: Twitter Instagram Youtube Link to comment Share on other sites More sharing options...
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