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[31] [32] The new GM held an IPO on November 17, 2010, that raised an estimated $20.1 billion. [33] By December 2013, the US government sold the last of its GM stock. [34] By February 2015, the Ontario government sold the last of its 4% stake in GM, [35] and by April 2015, the Canadian federal government sold the last of its own 8% GM stake. [36]
Website. gm.com. General Motors Company ( GM) [ 2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [ 3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, GMC, Cadillac, and Buick.
On May 27, 2009, the U.S. Treasury advanced a secured loan of US$360.6 million to GM, and GM issued a note to the Treasury for US$360.6 million, plus $24.1 million USD as additional compensation for the warranty advance, pursuant to the terms of the Warranty Agreement dated December 31, 2008, between GM and the U.S. Treasury. The loan funded a ...
Loaded 0%. General Motors ( GM) reported top and bottom line beats for the fourth quarter and issued 2024 full-year profit guidance that matched its initial forecast for 2023 on Tuesday. Shares of ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks ยป *Stock Advisor returns as of July 22, 2024. Travis Hoium has positions in General Motors ...
General Motors (NYSE:GM) stock has shown signs of life heading into earnings next Tuesday. There has been some good news along the way that has helped General Motors stock rally nearly 6% over the ...
Founded in 1908 as a holding company in Flint, Michigan, as of 2012 it employed approximately 209,000 people around the world. [ 1] With global headquarters at the Renaissance Center in Detroit, Michigan, United States, General Motors manufactures cars and trucks in 35 countries. In 2008, 8.35 million [ 2] GM cars and trucks were sold globally ...
General Motors (NYSE:GM) will report earnings on Aug. 1 before the market opens. Although the company has a history of beating earnings, the delay from Cruise, GM's self-driving unit, will ...