GM shedding VEBA influence with share repurchase

General Motors is making steady progress in its efforts towards independence following the company's 2009 bankruptcy. At the time, the Canadian and US governments and the UAW Retiree Medical Trust (Voluntary Employee Beneficiary Association/VEBA) stepped in to rescue it, but their ownership has attracted criticism from some quarters and all Subscribe to Automotive World to … Continued

• By Megan Lampinen
• September 24, 2013