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GM Says No To More Taxpayer Funding. Withdraws Federal Loan Application for Advanced Technology Vehicles
General Motors today announced it is withdrawing its $14.4 billion application for direct loans from the U.S. Department of Energy (DOE) that it submitted in October of 2009 after it had emerged from bankruptcy. Continue reading
Posted in auto news, results
Tagged advanced technology vehicles manufacturing loan program, auto informed, auto news, autoinformed, autoinformed.com, automotive news, doe, energy independence and security act, GM, gm bailout, gm bankruptcy, gm doe loans, Ken Zino, section 136 loan, zino
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