The U.S. Treasury said it would sell an additional 30 million shares of general motors stock earlier this month in its continuing efforts to deal with all the giant carmakers its remaining stake as part of the acquisition, the government bailout of general motors.
The ministry of finance, said on Wednesday that it would sell its shares by the united auto workers union retiree healthcare trust fund holdings of gm shares sold 2 billion shares to cooperate, make the sales totals 5 billion shares.
In December, the Treasury sold 2 million shares of general motors stock back to the company. At that time, the ministry of finance announced that it intends to sell its remaining 3 million shares of general motors stock, early in 2014 to enter the market.



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