General Motors still on track for 2010 IPO

[Justin Bimmer]

General Motors still on track

for 2010 IPO

The Treasury Department says that GM is on track for an Initial Public Offering in 2010, which means the government can start selling off its approximately 60% ownership in GM. Chrysler, on the other hand, is too far away from an IPO to even predict a date.

General Motors still on track for 2010 IPO