Repayment News

Negative Equity Amount On Vehicle Trade-In Hits All-Time High In Q4 2024

Average negative equity on the rise since 2021.

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Lordstown Motors In Need Of More Capital To Build Endurance Electric Pickup

GM owns a 5 percent stake in Lordstown Motors.

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GM Repays Over Half Of The $16B It Borrowed To Get Through COVID

Through October, The General has paid back $9.1 billion of the $16 billion it borrowed.

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General Motors Agrees To Repay Ohio $28M In State Tax Incentives

GM must also invest $12 million in community development in Ohio.

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Ohio Working With General Motors To Secure Additional Investment

GM owes Ohio $60.3 million over a tax credit dispute.

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PSA Groupe Requests Refund From Opel Sale Price After Discovering Brand’s Emission Challenges

Apparently, GM wasn't as forthcoming over the brand's emission challenges.

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Judge Reportedly Has Doubts About Keeping General Motors’ “Financial Shield” Intact

The bankruptcy shield, that is.

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General Motors Canada Bailed Out With Incomplete Data, Auditor General’s Report Indicates

The Canadian government didn't receive a finalized restructuring plan from GM Canada.

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General Motors Canada Agrees To Pay $9 Million To Restore Pension Benefits

GM Canada cut pension benefits following GM's 2009 financial crisis.

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Kenneth Feinberg Outlines Broad Eligibility For GM Ignition Switch Recall Compensation Fund

Those who feel they are affected have until December 31, 2014 to apply for compensation approval.

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GM Turns To Bankruptcy Court To Shield Itself From Nearly All Ignition Switch Accident Lawsuits

"New GM did not assume the liabilities of Old GM," according to GM's filing.

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Government Raises Monetary Loss Of General Motors Bailout To $11.2B

The additional costs were revealed in a report.

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Holden’s Value Plummets From $500 Million AUD To $71 Million AUD

The 70 year-old automaker is now worth less than one fifth of its previous value.

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GM Puts End To Rumors, Announces Common Stock Dividend Of $.30 Per Share

Investors will also reap the benefits of the company's financial success.

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General Motors $26.8 Billion Cash Stockpile May Reportedly Attract The Wrong Kind Of Investors

General Motors says it wants to pay shareholders back without activist investor interference.

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U.S. Treasury Sells $877 Million Of General Motors Stock

The government has roughly 135 million to 137 million GM shares remaining.

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GM Free To Invest In Corporate Jets, Doesn’t Mean It Will

Don't expect the private jet idea to take off.

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Canada To Retain GM Stake, For Now

Oh, Canada.

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U.S. Treasury Announces Plans To Exit General Motors

GM will repurchase 200 million units of its common stock from the U.S. Treasury.

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New Report States GM Never Approached Treasury To Sell Shares

The latest from The Detroit Free Press opposes reports from The WSJ.

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Opinion: What If The Government Makes A Profit On GM Bailout?

Just a hypothetical...

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Reports Place Cadillac ATS Wagon As Cancelled, Coupe On Backburner

Wait... WHAT?!

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Judge Approves $120M In “Old GM” Bankruptcy Legal Fees

Two years and a couple dozen lawyers later, and the next thing Motors Liquidation Corp. knows is that it probably helped a few people enter retirement early.

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Report: GM Won’t Share Cash Reserves With Investors Until At Least 2012

General Motors reportedly plans on holding on to its $33.8 billion in cash reserves for a little while longer.

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GM Bankruptcy Lawyers Asking For $127M In Legal Fees

Bills...

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GM Declares Q2 Dividend Of Preferred Stock

The General Motors Board Of Directors have approved a quarterly dividend worth roughly $.59 per share of its Series B mandatory convertible junior preferred stock.

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