Shares of General Motors (GM 0.68%) are up today on the news that the U.S. Treasury Department may sell its remaining 31.1 million shares of the company as early as the end of this year. The government has already sold back over 70 million shares of the company, and says that if the market remains strong it will completely exit its position before 2014. Motley Fool analyst Matt Koppenheffer thinks that, while it's good news that the government is getting its money back, the Treasury Department could've held on a little longer and seen a better return on its investment. Meanwhile this is definitely good news for GM investors, as the company is stronger than it was before the bailout and will be in a better place without government ownership.
Government Motors No More
By Mark Reeth and Matt Koppenheffer – Nov 21, 2013 at 12:25PM
NYSE: GM
General Motors
Market Cap
$64B
Today's Change
(-0.68%) $0.46
Current Price
$66.85
Price as of October 23, 2025 at 4:00 PM ET
The Treasury Department announced that it may sell its remaining shares of General Motors -- is that good news for investors?
About the Author
Mark Reeth wasn't born incredibly handsome, like so many are--he had to work hard to get to where he is today. Thankfully, through much blood, sweat, and hair products, Mark Reeth is now one incredibly good-looking Consumer Goods Editor. But Mark Reeth wasn't born a Consumer Goods Editor--he started as a writer for Fool.com, became a Blog Editor, and now loves reading all the latest Consumer Goods news. If you want to read all the latest Consumer Goods news, follow him on Twitter @ChristmasReeth.