UPDATE 1-GM will do best to repay taxpayers-CEO

Newswire

* CEO: GM to do "level best" to pay back US taxpayers * GM to build Cadillac luxury small car at Lansing plant * Investing $190 mln at plant for small car LANSING, Oct 28 (Reuters) - General Motors Co [GM.UL] will continue to be profitable and do its "level best" to repay American taxpayers for the $50 billion, U.S.-government funded restructuring of the automaker, Chief Executive Officer Dan Akerson said on Thursday. "We have seen we've become profitable the last several quarters," ...

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