The chairman of General Motors, Edward E. Whitacre Jr., said Tuesday that the automaker would be able to repay all of its government loans and would begin doing so soon.
A government report released last week concluded that taxpayers are unlikely to receive full repayment of the more than $81 billion lent to rescue G.M. and Chrysler. But Mr. Whitacre, speaking at a small college near his home in Texas, insisted that G.M. intended to repay its full debt to the Treasury Department, excluding the nearly $1 billion lent to the old part of G.M. that remains in bankruptcy.
The new company would pay back $6.7 billion in cash that it owes. The remaining portion of the $50 billion that G.M. borrowed was given to the Treasury in the form of stock, which the government hopes to recoup from money raised through a public offering.
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