General Motors bans President Obama and Mitt Romney until November's elections
Copyright Getty Images
Posted: 08/27/2012
DETROIT(AP) - General Motors Co. says it's trying to stay out of the political limelight by banning President Barack Obama, Republican challenger Mitt Romney and other candidates from its plants through the November election.
GM survived bankruptcy through government loans, and the U.S. Treasury owns 26 percent of GM.
The company says it has been intentionally less visible in lobbying on some issues, taking a lower profile until the election is over.
The government gave GM $49.5 billion in 2009, and the company still owes $26.2 billion.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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