General Motors will increase the size of its IPO by almost one-third to meet strong investor demand.
The company said it will increase the IPO to 478 million common shares, 31% more than the planned 365 million. These figures exclude the amount of sha…
Fiat is still planning to spin off the American carmaker late next year, but the road to an IPO could be bumpy.
Continue reading Chrysler IPO Still Slated for Next Year
Chrysler IPO Still Slated …
GM reportedly plans to raise the price range on its pending initial public of stock to as much as $33 a share. The increase to $31 to $33 a share from the initial $26 to $29 a share is being prompted by strong demand for the st…
The automaker plans to roll out its first all-electric passenger car in 20 U.S. cities late next year.
Continue reading Ford to Introduce Electric Focus in Key U.S. Markets in Late 2011
Ford to I…
There is already $60 billion worth of orders for the GM IPO. The tremendous demand indicates that the pricing on the IPO was set too low.
Continue reading Demand for GM IPO: Was the Price Set Too Low?
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