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Cars Blog

General Motors details bankruptcy agreement with government

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June 1, 2009 9:54 am
By Peter C. T. Elsworth

DETROIT, June 1, 2009 - General Motors today announced that it has reached agreements with the U.S. Treasury and the governments of Canada and Ontario to accelerate its reinvention and create a leaner, stronger "New GM" positioned for a profitable, self-sustaining and competitive future.

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