General Motors Pays Taxpayers Back In Full

by Domestic Car Dealer News on April 23, 2010

This week marks a major turning point for General Motors. Years before their final payment was due, GM paid back the remaining bailout loans early.

In addition to writing a final check to the U.S. Treasury and Canadian government, GM also announced a major investment in two existing manufacturing plants. These developments give Chevrolet dealers Cleveland hope in that the once bankrupt automaker is on the right track. Evidence of that positive direction is the high demand for their newest models, such as the Equinox crossover and Camaro.

In addition, new models are also right around the corner, including the Cruze and of our the long-awaited Volt plug-in hybrid.

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Keep reading about the changes at General Motors on this blog.

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