Posts Tagged ‘GM’

GM shares rise after public funds

Friday, November 19, 2010 1:26 No Comments

Shares in General Motors (GM) have risen 3.6% on the first trading day after the automaker record public stock offering. Shares closed at $ 34.19 in New York from a start of $ 33, although they reached a high of $ 35.60 a day. GM raises $ 20.1bn by his offer, making it the largest [...]

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Loan Guarantee to GM for Vauxhall and Opel

Saturday, March 13, 2010 10:20 No Comments

Business Secretary Lord Mandelson has a 300m-euro ($ 412m given; announced £ 270m) loan to the European arm of General Motors (GM).
The money will help in two safe operation of the automobile manufacturer Opel’s plants in Britain and Opel in Europe. Mr Mandelson told the BBC he thought the move would be the future of [...]

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