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General United States investment 2.57 million production Malibu models





An integrated electric super car, GM President and CEO-Tariq on April 20, visit the General Kansas City Fairfax assembly plants announced that universal will Fairfax assembly plant and General Detroit factory investment 2.57 billion, for the production of next-generation Chevrolet Malibu models.

At the same time, Hui-Tarek also confirmed that universal has this week to United States Government and to Canada's Government to repay the $ 47 billion and 11. Plus the last December and March of this year loan, General Government of the United States respectively and the Government of Canada to pay $ 67 billion and 14.

2009 General Motors out of bankruptcy protection, the United States Government and the Government of Canada provides to universal 520 million and 95 million financial assistance, the Government of Canada and the Government of the United States currently have universal 61% and 12% of the shares. As of now, GM is also required to United States Government and the Government of Canada and the repayment of $ 458 billion in funding.

-Tariq said: "in general it is possible to achieve by the end of the year, through the public offering of shares in the form of raising funds, pay off the United States and Canada Governments of all loans. ”