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GM invites potential investors, analysts to review its progress

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GM invites potential investors, analysts to review its progress

Robert Snell / The Detroit News

General Motors Co. has invited financial analysts, potential investors and other members of the financial community to Warren next week to review the company's business performance ahead of an initial public stock offering expected late this year.

The June 29 meeting at GM's Technical Center in Warren will focus on GM's progress since emerging from bankruptcy last summer.

GM will provide updates from each of its four global regions. Vice Chairman and Chief Financial Officer Chris Liddell will host the meeting and Vice Chairman Steve Girsky will talk about the new GM.

Tom Stephens, vice chairman of global product operations, will review fuel economy and technology improvements.

The meeting comes as GM prepares to file as early as next week a detailed statement outlining its proposed initial public offering that will reduce the U.S. government's 60.8 percent stake in the company. The sale could take place before the November election.

"It's been a while since we've engaged with this community," GM spokeswoman Noreen Pratscher said.

Members of the financial community also will test drive GM vehicles during the meeting

From The Detroit News: http://www.detnews.com/article/20100623/AUTO01/6230414/1148/auto01/GM-invites-potential-investors--analysts-to-review-its-progress#ixzz0rhkJCnyn

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