A little over a week ago GM finally got rid of the government as its majority owner. It is down to 26% instead of over 60%.
It also is experiencing excellent returns on sales in its "coming out" weekend - conveniently black Friday weekend. GM held the largest public offering (coming out on the public stock market) ever in the history of the U.S.
The public is also beginning to feel less hostile towards GM for their tax dollar funded bailout. Most still agree that the government should not have gotten involved but they are aware of GM's prestige when it comes to car shopping.
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