GM turnaround on the cards
- 12 years ago
US auto giant General Motors is set to re-enter the stock market.
The company raised a record 20 billion dollars in an initial share sale.
It's expected that amount will increase, making it the biggest intial public offering ever.
Barack Obama has hailed it as a "major milestone" for the recovery of the entire US auto industry.
Al Jazeera's John Terret has more.
The company raised a record 20 billion dollars in an initial share sale.
It's expected that amount will increase, making it the biggest intial public offering ever.
Barack Obama has hailed it as a "major milestone" for the recovery of the entire US auto industry.
Al Jazeera's John Terret has more.