Ford vs. GM: The IPOs of a Changing America

GM’s IPO generated great excitement among investors, and it drew attention to how much the auto industry has changed. Less than 60 years ago, on Jan. 17, 1956, Ford Motor had its own IPO — the largest in history up to that tim…

GM’s IPO Highlights the Secret of TARP’s Success

The record-setting IPO is just the latest achievement to mark the quiet triumph of the multibillion-dollar government financial programs that economists credit with staving off a depression — even though many Americans hate th…

Obama Praises GM Bailout as Shares Gain 4% in IPO

Following General Motors’ historic return as a publicly traded company Thursday, President Obama said the U.S. government, despite the many critics, is on track to more than recoup the nearly $50 billion it invested in the Detr…

GM’s Chevrolet Volt Named 2011 Green Car of the Year

General Motors’ Chevrolet Volt, the plug-in hybrid electric vehicle set to debut in the U.S. next month, won Green Car Journal’s 2011 Green Car of the Year award Thursday, beating out the Nissan Leaf, Lincoln MKZ Hybrid, Hyunda…

Stocks Vault as Ireland Fears Wane and GM Debuts

On Thursday, stocks clawed back nearly of the week’s prior losses. Lifting investors’ spirits were an easing of concerns over Irish debt, GM’s massive IPO and some surprisingly positive economic reports.
Contin…