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GM to Repay Taxpayers. Definitely. Maybe.

By Matthew DeBord

Posted Wednesday, November 11, 2009 - 4:21pm

General Motors’ Chairman, Ed Whitacre, said yesterday that GM plans to pay back the government loans it accepted during its bailout/bankruptcy, contradicting a GAO report that maintained GM will never be able to return those taxpayers' funds. On the one hand, GM seems to be doing better than anyone expected.

Matthew DeBord has written about the auto industry for the Washington Post, the New York Times, the Los Angeles Times, and the Huffington Post. Follow him on Twitter.