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GM Stock Surpasses 2010 IPO Price


Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will be able to pare its losses. Today GM’s shares rose to $33.21 compared with $33.00 during the November 2010 IPO, the first time the stock has risen above $33 since May 2011. This year so far GM’s stock has increased 14.5%. ...
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More GM articles

2014 GMC Sierra Regular Cab unveiled
The North American based automotive giant General Motors has recently unveiled the 2014 GMC Sierra Regular Cab, which is expected to go on sale over the following months. After it was ...
[VIDEO] U.S.: Chevy Traverse gets front center airbag
The North American based automaker Chevrolet has recently announced a new option for the Traverse in the U.S., which is a front center airbag. According to the car manufacturer, the Chevrolet ...
Opel Moves Zafira Production to the Ruesselsheim plant
Opel announced it will transfer production of the Zafira model to Ruesselsheim in Germany, as it plans to close the Bochum plant. "This will make Ruesselsheim the site to exclusively build ...
Nissan to Supply Cargo Vans to General Motors
Nissan wants to supply cargo vans to GM to be sold as Chevrolet brand vehicles in Canada and the US. This would be the first such project for Nissan and GM. ...
Detroit Three Won Most Categories in Vehicle Quality Survey
The Detroit Three managed to win the most categories in a survey on vehicle quality, taking 12 segments out of 21. For the first time in more than 10 years, GM, ...
GM Builds $258M Data Center in Milford Township
GM announced it will invest $258 million to build a new data center located in at its Milford Proving Ground operations, Milford Township. Construction of the new data center is due ...
GM Invests $200 Million to Help Dealers in the US
GM will invest more than $200 million to aid dealers in the New York, California and New Jersey metropolitan areas update showrooms, move or even close them. According to GM’s facility ...
GM Rolls Out F&I Products With Vehicle Brand Names
Beginning this month GM will roll out its F&I products, firstly though its dealerships in Ohio and then expanding nationwide by the end of this year. Steve Hill, vice president of ...
GM Gets Approval for the $1.3B Plant in China
GM got the Chinese government’s approval to build a $1.3 billion plant in the country, where it will manufacture Cadillac vehicles. GM plans to increase its luxury car market share in ...

latest automotive news
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GM Stock Surpasses 2010 IPO Price
Today, May 17th, GM’s shares surpassed the offering price from the 2010 IPO, which means that the US Treasury will ...
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