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General Motors Withdraws $14 Billion Federal Loan Application

by David Schepp on Jan.27, 2011, under Towing

General Motors Withdraws $14 Billion Federal Loan Application

Back in 2009, General Motors applied to the Department of Energy for $14.4 billion in loans to help it manufacture more fuel-efficient vehicles. Today, with the automaker making big strides in turning around its business, GM said it no longer needs or wants the money.

Continue reading General Motors Withdraws $14 Billion Federal Loan Application

General Motors Withdraws $14 Billion Federal Loan Application originally appeared on DailyFinance on Thu, 27 Jan 2011 15:21:00.

Filed Under: Company News, Economy, Ford Motor Co, General Motors, Autos

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