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27 Aug 2009, 1:38 am
General Motors' hesitation to sell its unprofitable car business in Europe belies a Cold War fear: American technology will fall into Russian hands. [read post]
8 Apr 2009, 4:17 am
General Motors is in "intense" and "earnest" preparations for a possible bankruptcy filing, Reuters reported, citing a source familiar with the company's plans. [read post]
22 Sep 2010, 2:10 pm by By MICHAEL J. DE LA MERCED
The Treasury Department must sell each shares in the auto maker at an average of $133.78 to recoup its common stock investment, according to an official. [read post]
2 Jun 2009, 5:32 am
President Barack Obama and his auto task force will face many tests as they try to create a new paradigm for the nationalization, however temporary, of the auto industry, and one is not to micromanage. [read post]
7 Apr 2010, 8:03 am by By DEALBOOK
General Motors said Wednesday that it lost $4.3 billion in the six months after emerging from bankruptcy protection, but that it had positive cash flow of $1 billion in that period, The New York Times reported. [read post]
12 Aug 2010, 2:53 pm by By MICHAEL J. DE LA MERCED
DealBook has more information on the 10 banks that have agreed to loan General Motors $5 billion as an additional financial cushion for its initial public offering. [read post]
10 Sep 2010, 11:59 am by By DEALBOOK
General Motors's new chief executive, Daniel F. [read post]
12 May 2011, 6:53 am by By ERIC DASH
Treasury Department officials are planning a secondary offering of General Motors shares for late summer or early fall -- later than many investors had expected. [read post]
15 May 2009, 3:26 am
General Motors on Thursday said that if it files for bankruptcy it would most likely pursue a quick sale of its best assets out of court protection similar to the process now reshaping Chrysler. [read post]
19 Oct 2010, 2:41 am by By DEALBOOK
Steven Rattner, the former head of the Obama administration's auto task force, said Monday that investment bankers underwriting General Motors' expected I.P.O. are optimistic about the auto company's future as a public company. [read post]
3 Nov 2010, 5:34 pm by By DEALBOOK
The federal government has approved the use of chartered aircraft to ferry managers on a "road show" for a public stock offering. [read post]
29 Jun 2010, 4:18 am by By DEALBOOK
The planned initial public offering of General Motors is likely to leave the U.S. government with a minority stake while also raising new funds for the automaker, Reuters said, citing people briefed on the still-developing plans. [read post]
22 May 2009, 3:19 pm
General Motors, facing the almost certain prospect of a bankruptcy filing, said Friday it drew another $4 billion from the Treasury Department, raising the total it has received from the government to $19.4 billion. [read post]
7 Mar 2008, 5:11 am
Harry Macklowe is making progress in selling the crown jewel of his New York real estate empire, having received “several bids” in the second round of bidding for the General Motors Building that top $3 billion, The New York Post reported Friday, citing a source it did not identify. [read post]
17 Mar 2010, 8:54 am by By DEALBOOK
General Motors has a "reasonable chance" of turning a profit this year, but the car maker is still a work in progress, the company's new chief financial officer said on Wednesday, according to press reports. [read post]
14 Jul 2009, 2:57 pm
Securities regulators on Tuesday issued an official warning that shares once associated with General Motors are likely to be worthless, amid continued confusion from some investors about which company the stock represents. [read post]
23 Jul 2009, 6:30 am
General Motors says its talks over Opel's rescue will focus on the consortium of auto parts maker Magna International and Sberbank, as well as RHJ International, The Associated Press reported, while talks with Beijing Automotive Industry Corp. have ceased. [read post]
10 Jun 2011, 8:41 am by By MICHAEL J. DE LA MERCED
The decline of shares in General Motors and the American International Group may have played a factor in Ally Financial's decision to delay its I.P.O. [read post]