WNED-AM 970 NEWS
GM's Future Looking Brighter
In the period that ended September 30th, GM says it lost $1.2 billion, which is far better than previous quarters. The automaker also says it will begin repaying its U.S. government loans in December, which is four years ahead of schedule.
More than 800 Western New Yorkers are employed by GM in Tonawanda. Engine Plant Manager Steve Finch says he expects the news out of Detroit will help keep the plant's output steady.
"We just recently added over 50 employees back into the plant to support higher volumes and we see that holding true here for the foreseeable future," Finch told WNED News.
Since GM emerged from bankruptcy protection in the summer, Finch says the company has seen a growth in confidence from consumers, especially in the automaker's new products.
© Copyright 2012, wned
(2009-11-16)
BUFFALO
(wned) -
General Motors is showing signs that it may be starting to turn around. In the period that ended September 30th, GM says it lost $1.2 billion, which is far better than previous quarters. The automaker also says it will begin repaying its U.S. government loans in December, which is four years ahead of schedule.
More than 800 Western New Yorkers are employed by GM in Tonawanda. Engine Plant Manager Steve Finch says he expects the news out of Detroit will help keep the plant's output steady.
"We just recently added over 50 employees back into the plant to support higher volumes and we see that holding true here for the foreseeable future," Finch told WNED News.
Since GM emerged from bankruptcy protection in the summer, Finch says the company has seen a growth in confidence from consumers, especially in the automaker's new products.
© Copyright 2012, wned








