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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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 |  May 06 2013, 5:35 PM

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Last December, the U.S. Department of Treasury announced that it would sell of its remaining shares of General Motors within the next 12 to 15 months.

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 |  Aug 19 2012, 12:01 PM

Recently we reported that the auto bailout cost had increased to $25 billion, mostly due to General Motors‘ plummeting stock price. Things could, however, get worse for GM before they get any better – if they get any better.

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 |  Aug 14 2012, 9:24 PM

The auto bailout has been debated time and time again, on whether it was worth American taxpayers’ money, despite saving a million jobs. A recent poll found that the majority of Americans still opposed the auto bailout, and a recent report that the cost has now been increased to $25 billion doesn’t help its cause.

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