the WHITE HOUSEPresident Barack Obama

Search form

Today, the Federal Government Closed the Books on its Investment in General Motors. Here's Where We Are:

Summary: 
Today, the government sold the remaining shares of its investment in General Motors.

In June 2009, when the American auto industry was on the brink of collapse, President Obama made the tough call to give it the temporary support it needed to bounce back -- and prosper. 

Today, The United States sold its final stake in General Motors -- fully exiting its investment in the company. That's big news.

Take a look at what the auto recovery has meant for our economy -- and pass it on.