Showing posts with label gmc. Show all posts
Showing posts with label gmc. Show all posts

Friday, January 2, 2009

General Motors gets first tranche of US loan

"The treasury today finalized the loan transaction for GM and funded the first tranche of $4 billion,'' said Treasury spokeswoman Brookly McLaughlin in a written statement.


The funds are the first portion of $9.4 billion in low-cost loans that GM is expected to receive from the government…..

Read Full Article General Motors gets first tUS loan