DETROIT (WXYZ) - General Motors has released its Third Quarter Earnings, and it shows the company lost $1.2 billion from the time the company left bankruptcy protection until September 30th.
The news is better than in previous quarters. Many see it as a sign that the automaker is starting to turn around.
GM announced that it will also begin paying back the $6.7 Billion it received in government loans by the end of the year. The auto giant could have the debt paid off by 2011, which is four years ahead of schedule.
