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City of Flint gives GM tax breaks for Cruze and Volt factory
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Posted on
Aug 29 2008 4:45 AM
by
Asif
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Giveth, and taketh away, isn't that always the story? On the taketh away side, GM has recently lost a serious chunk of change. On the giveth side, The General received a $56 milion package of tax credits and grants to keep an SUV factory open in Ohio. It has also just received another package of tax credits from the city of Flint, Michigan to aid its investment in a factory that will build engines for the new Volt and Chevy Cruze.
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