GM Pays Back Loans to the US Government and Runde Auto Group Applauds their Fortitude
Ed Whitacre, the CEO of General Motors, annouced that GM has paid back all of the borrowed money in full to the government with interest. This gigantic announcement demonstrates a level of confidence within the company that has surfaced mainly due to a slimmed down product line, a more refined company focus, and exciting new products like the Chevy Equinox, the Chevy Camaro, and the Buick LaCrosse that are selling almost as quickly as they arrive on dealers’ lots. With this move, they are basically saying that they wholeheartedly believe GM is now on the right track to profitibility.
And here at Runde Chevrolet and Runde Buick, we know without-a-doubt that GM is back on track and ready for the road ahead. The tank is full, the engine is hummin’, and the GPS is set … Destination … Success. Full speed ahead.