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car enthusiast

General Motors Reports Big Profits A Year After Government Bailout - 0 views

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    The automaker scorned a year ago as "Government Motors" said Wednesday its run of profitability has continued on a record pace for the third straight quarter.
car enthusiast

American automakers getting their groove back - 0 views

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    As recently as this spring, few thought GM's initial public offering could nearly wipe out the company's debt to Uncle Sam. But that is exactly what's happening as the U.S. automobile industry is humming down Recovery Road.
car enthusiast

GM's IPO nets 13.5 bln dollars for US Treasury - 0 views

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    General Motors' massive return to public trading last month netted 13.5 billion dollars for US taxpayers who had footed the bill for the automaker's rescue from bankruptcy, officials said Thursday.
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