The U.S. government has sold another chunk of its stake in General Motors Co.
The treasury department confirms that it’s started selling its remaining 300 million shares of General Motors stock.
General Motors made $4.9 billion in 2012, strong North America showing means $6750 profit sharing checks.
On the heels of the North American International Auto Show in Detroit, Chicago is pulling out all the stops to preview the best and brightest in automobiles.
Karl-Thomas Neumann named CEO of Opel.
Company details $600 million upgrade to Fairfax, Kansas plant.
The government still holds 300 million shares of GM common stock, giving it 19 percent of the auto giant.
General Motors says it’s closing a Flint-area plant this summer and will offer its workers jobs at other plants.
Toyota has dethroned General Motors as the world’s top-selling automaker.
The North American International Auto Show isn’t open to the public yet at Cobo Hall in Detroit, but you can feel like you’re there by following this live Twitter feed from WWJ Auto Beat Reporter Jeff Gilbert.
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