Government Motors

Treasury Sells Last of GM Shares

The U.S. government sells its last shares of automaker General Motors, marking an end to a historic bailout of one of America's most storied companies.

Treasury Cuts Stake in GM to 7.3%

Treasury has sold another block of shares in General Motors, reducing its stake to 7.3 percent as it moves toward exiting its holdings in the automaker by the end of March.

Dear President Obama: Sell the Government's GM Stake Now

Dear Mr. President: I know you're proud of the effort made by your team back in 2009 to save General Motors. You should be. But as good as this GM thing has been for you, with the election now over, it's time to let go and direct the Treasury to sell its stake in General Motors.

Uncle Sam's GM Investment Is Still Coming Up Short

The Treasury says it expects to lose more than $25 billion on its bailout of the auto industry -- mostly on its GM investment. But we've also been told GM paid back the Feds. How does this add up, and what has to happen for taxpayers to get their money back?

Car Wars: Why GM's a Better Buy Than Ford

It's an obvious, inevitable question: GM or Ford? On one view, Ford -- with its solid line of hit products and bailout-free balance sheet -- is the fiscally responsible choice. But the company known until recently as "Government Motors," trading right now in the low $20 range, is turning itself around and qualifies not only as a buy, but a steal.

The New GM Could Put Investors in the Fast Lane

After its near-miraculous emergence so quickly from bankruptcy, the new GM will certainly make big bucks for investors if it fulfills its potential to beat sales forecasts and earnings expectations.

IPO Filing Offers Peek Under the Hood of the New GM

A little more than a year ago, bankrupt GM required a massive government bail-out. Today the company began its return to Wall Street by formally filing to hold an IPO. Yet it remains unclear if the once-troubled automaker will be a good investment.

White House: Auto Bailouts Created 55,000 Jobs

Obama visits Detroit today to bolster the administration's claims that the $86 billion spent to rescue GM and Chrysler from oblivion was well worth the jobs it has put people into, and the million or more the government says it saved.