GM executives contend that the $5.
5 billion share purchase by year end -- and the U.S. Treasury's vow to sell its remaining 300 million shares by early 2014 -- are big steps toward transcending any "Government Motors" stigma.
It's "good for selling more cars," GM CFO Dan Ammann says. He said internal market research shows that government ownership has kept some buyers away.
GM dealers are mixed on that view.Read Article