On January 7, 2007, at the Detroit Auto Show, General Motors issued a press release entitled ‘GM’s Concept Electric Vehicle – Could Nearly Eliminate Trips to the Gas Station,’ marking the debut of the Chevrolet Volt Concept. Just over three years later, we had the opportunity to drive one of the very first Chevrolet Volt pre-production models before they hits the streets this November.

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Move is seen as important step for company to go public again

General Motors Co. is repaying its remaining $5.8 billion in bailout loans to U.S. and Canadian taxpayers two months ahead of schedule.

It’s another promising milestone for post-bankruptcy GM, which last month reported better-than-expected earnings for the last quarter of 2009.

GM Chairman and CEO Edward Whitacre Jr. will make the official announcement Wednesday at at the automaker’s Fairfax plant in Kansas City, Kan., two people briefed on the plans said Monday. The actual payment could be made as early as today.

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