After its near-miraculous emergence so quickly from bankruptcy, the new GM will certainly make big bucks for investors if it fulfills its potential to beat sales forecasts and earnings expectations. And, no, it wouldn’t take an…
The General Motors IPO is now the largest ever, following the expansion of the offering by the underwriters.
Continue reading Banks Make GM IPO the Largest Ever
Banks Make GM IPO the Largest Ever…
The initial public offering of General Motors last week netted $11.7 billion for the U.S. Treasury, which invested taxpayer money into keeping the then-struggling automaker solvent during the financial crisis as part of its Tr…
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…
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…