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The AutoGuide News Blog is your source for breaking stories from the auto industry. Delivering news immediately, the AutoGuide Blog is constantly updated with the latest information, photos and video from manufacturers, auto shows, the aftermarket and professional racing.
 |  Dec 09 2013, 5:01 PM

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The United States government has sold off its remaining stock in General Motors, revealing that the bailout of GM cost roughly $10 billion.

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 |  Nov 21 2013, 5:32 PM

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The U.S. Treasury Department plans on selling its remaining shares of General Motors by the the end of the year.

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 |  May 11 2013, 10:01 AM

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As the U.S. Treasury Department looks to sell off its remaining shares of General Motors stock, its April report to Congress stated that it has sold 58.4-million shares so far this year, earning net proceeds of $1.6 billion.

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 |  Jan 19 2013, 2:15 PM

The United States Treasury has initiated a plan to sell its remaining 300.1 million shares of General Motors stock, hoping to divest itself of its 19 percent stake within the next 12 to 15 months.

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 |  Dec 19 2012, 9:39 AM

General Motors announced its plan to buy back 200 million shares from the U.S. treasury today for $5.5 billion, or $27.50 per share.

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