Government announces funding for General Motors Europe

12.03.10 - 20:13 ... source : BIS

... release date 12 March 2010 15:28 client name and locale name client logo you tube main illustration summary Business Secretary Lord Mandelson announced today (12 March) a €300 million (£270m) loan guarantee to GME Europe which will help secure the company's operations in Britain and the rest of Europe. body Today's outline agreement follows detailed and highly complex talks between the Government and GM.The guarantee will be provided under the Government's Automotive Assistance Programme. The British loan guarantee will be provided alongside extra support from GM in the US and support from other Europea ...» Next (HTML)