General Motors is offering some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.
General Motors is firing back at the automotive press after critics' assertions that the much-anticipated Chevrolet Volt isn't a true electric car -- rather merely another hybrid, and not particularly fuel-thrifty.
GM has finally put a sticker price on its much anticipated plug-in electric hybrid. Granted, a hefty federal tax credit will defray the cost, but the Volt carries a premium price. GM's challenge now is convincing consumers the Volt is worth it.
IPOs have been pretty tame so far this year, but here comes a much-buzzed-about offering from Tesla, featuring supersexy electric vehicles, like the Model S, and Elon Musk -- a CEO who's so far making far more headlines than cars.