Treasury further whittles down GM holding

The US Treasury is slowly but steadily withdrawing from General Motors, a move that will be welcomed by all involved. According to the Detroit News, citing a report to Congress, the Treasury sold US$876.9m in GM stock in July alone. With GM stock trading between US$34/share and US$37/share last month, Subscribe to Automotive World to … Continued

• By Megan Lampinen
• August 13, 2013