Page last updated at 21:58 GMT, Wednesday, 21 April 2010 22:58 UK

General Motors repays $8.1bn in loans to US and Canada

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General Motors has repaid $8.1bn (£5.2bn) in loans it received from the US and Canadian governments, less than a year after emerging from bankruptcy.

The carmaker said the repayment marked an important step towards GM reducing government ownership of the firm.

Karen Nye reports.

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