GM Owes $33 Million to Enterprise

General Motors owes more than $33 million to Enterprise Rent a Car, according to the St. Louis Journal.

Enterprise Rent-a-Car is listed as a creditor in the bankruptcy petition GM filed June 1 in New York.

GM had promised to buy back $33 million in vehicles from Enterprise as part of a repurchase agreement. Enterprise spokesperson Christy Conrad said that the company has received assurances from GM that it will honor the agreement.

GM listed $173 billion in liabilities and $82 billion in assets in its bankruptcy filing.

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