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<blockquote data-quote="klein" data-source="post: 798330" data-attributes="member: 23950"><p>No doubt ! :</p><p></p><p><strong>GM becomes top-selling foreign automaker in China</strong></p><p></p><p style="text-align: left"><span style="color: #000000">SHANGHAI, China -- General Motors Corp. became China's top-selling foreign automaker last year, surpassing Germany's Volkswagen AG, after seeing its sales grow 35.2 percent to 665,390 vehicles, according to company figures released Thursday. </span></p><p></p><p></p><p style="text-align: left"><span style="color: #000000">From The Detroit News</span></p><p></p><p></p><p><strong>Canada Won’t Sell GM Stake In IPO… What About The US?</strong></p><p></p><p><span style="color: #9e1a19">The CBC</span> reports that:</p><p style="margin-left: 20px">Ontario premier Dalton McGuinty said Friday his government will wait to see how General Motors prices its public share offering before deciding whether to sell its stake in the company.</p> <p style="margin-left: 20px"></p> <p style="margin-left: 20px"><strong>McGuinty said the government needs to be “patient” and sell at the most profitable time.</strong></p> <p style="margin-left: 20px"></p><p><strong>The Canadian and Ontario governments own about 12 percent of GM. The US Treasury, which owns about 60 percent of GM has said that it expects to sell “some” of its GM stake during the IPO, which is expected to occur by the end of this year. In short, <a href="http://www.thetruthaboutcars.com/editorial-the-truth-about-gms-ipo/" target="_blank"><span style="color: #9e1a19">as Ken Elias predicts</span></a>, GM won’t stop being “Government Motors” after it goes public. No matter how emphatically Ed Whitacre declares victory.</strong></p></blockquote><p></p>
[QUOTE="klein, post: 798330, member: 23950"] No doubt ! : [B]GM becomes top-selling foreign automaker in China[/B] [LEFT][COLOR=#000000]SHANGHAI, China -- General Motors Corp. became China's top-selling foreign automaker last year, surpassing Germany's Volkswagen AG, after seeing its sales grow 35.2 percent to 665,390 vehicles, according to company figures released Thursday. [/COLOR][/LEFT] [LEFT][COLOR=#000000]From The Detroit News[/COLOR][/LEFT] [B]Canada Won’t Sell GM Stake In IPO… What About The US?[/B] [COLOR=#9e1a19]The CBC[/COLOR] reports that: [INDENT]Ontario premier Dalton McGuinty said Friday his government will wait to see how General Motors prices its public share offering before deciding whether to sell its stake in the company. [B]McGuinty said the government needs to be “patient” and sell at the most profitable time.[/B] [/INDENT] [B]The Canadian and Ontario governments own about 12 percent of GM. The US Treasury, which owns about 60 percent of GM has said that it expects to sell “some” of its GM stake during the IPO, which is expected to occur by the end of this year. In short, [URL='http://www.thetruthaboutcars.com/editorial-the-truth-about-gms-ipo/'][COLOR=#9e1a19]as Ken Elias predicts[/COLOR][/URL], GM won’t stop being “Government Motors” after it goes public. No matter how emphatically Ed Whitacre declares victory.[/B] [/QUOTE]
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