DETROIT, April 20 (UPI) -- General Motors Co. is poised to announce it will repay the U.S. government $5.8 billion two months early, sources told The Detroit News.
GM spokesman Greg Martin declined to comment on the payment, which was also reported in the Detroit Free Press. Company Chairman and Chief Executive Officer Edward Whitacre Jr. plans to announce the payment in Fairfax, Kan., where renewed investment in the plant and additional jobs for Kansas will also be announced, the News reported.