Video: Ray Young tells us why GM doesn’t need $2 billion

Earlier this morning General Motors said that it will not be needing the $2 billion of funding that the Detroit automaker asked for in its February 17th viability plan. GM has just released a video of its Chief Financial Officer Ray Young clearing up the matter for us and letting us know what has changed since General Motors initial request.

Young also gives us an update on GM’s relationship with the auto task force. He also touches on the subject of today’s news of the CAW ratifying a new agreement with GM Canada.

Any guesses on why Young looks so tired in this video?

Click through to watch the video.

– By: Omar Rana

Source: GM FastLane Blog