May 22, 2013

Save Email Print Bookmark and Share
A A
Reporter: Associated Press Email

GM Spent $2.8 Million Lobbying In 1Q

General Motors Corp. says it spent $2.8 million lobbying the U.S. government in the first three months of 2009, while the company was surviving on $13.4 billion in federal loans.

The Detroit company said in a government filing Monday that it
spent the money lobbying on a range of issues, including the
economic stimulus package, and environmental, consumer safety and
health issues.

GM's lobbying costs fell 15 percent from the $3.3 million it
spent in the fourth quarter of 2008. But it's more than the $2.7
million the automaker spent in the third quarter.

GM faces a deadline of June 1 to win additional concessions from
its union, bondholders and other stakeholders so it can get up to
$16.6 billion in additional government loans.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus