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Removing the U.S. government stake in GM![]() GM will not reimburse the government ![]() GM withdrew from the capital of PSA Peugeot-Citroen ![]() Mary Barra is the new boss of General Motors ![]() GM no longer distribute Chevrolet Europe ![]() The U.S. Treasury sold $ 1.2 billion shares of GM After having saved General Motors in 2009, the U.S. government has to cede the last units held in the constructor of Detroit. At the very end of this year, the legislature shows a loss which is around $ 10 billion. At the time, the Treasury Department had had to pay some $ 49.5 billion to avoid GM goes bankrupt. It was all the same a wise decision which had allowed to protect more than a million jobs, both at GM Chrysler. Dan Atkerson, the big boss of GM said "very grateful for this second opportunity has been given to his company, and reaffirmed that everything has been implemented to make the most of this assistance so precious." ![]()
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