"We lost shame" government car ", "GM finance minister James Davlin on Sunday said car analysts in a conference when speaking. He said: "people will be more focused on things, they should be, this is our basic business."
The Treasury plan last month outlined in the next 12 to 15 months to sell its general motors shares in the company. Last week, the chief executive Dan exxon says he expects gm in 2013 for investment grade credit rating.
General motors has "tend to investment grade", Davlin said. He pointed out that, gm for 11 consecutive quarterly profit, its huge financial buffer and its strong position in the world's largest car market, the United States and China.
"We want to ensure that our liquidity, through the cyclical industry," Davlin, said reporters and analysts of the Detroit auto show. "
Until recently, the department of the Treasury will sell 26% of its shares to the hurt general motors company's overall market value when and how to uncertainty, Davlin said. But gm's share price has risen nearly 20%, because the U.S. government announced its exit strategy.
On Friday, general motors shares closed at $30.36 per share.
But gm has a face the challenges, of which the most prominent is the European. GM is working on, to prevent years of depressed and the fierce competition in the European market, its core brand opel and British vauxhall loss.
It has made progress in restructuring its European operations, including announced plans to shut down its assembly plant in Germany bochum. However, he said, he has not yet and gm's current location satisfaction.
"This may be my most concern - how fast we can, in turn, look," Davlin said, Europe.
He also predicts that the dollar yen and the euro will rise this year. It will be "slight against the wind" GM, must turn into us dollars overseas earnings. In 2013, general motors company also looking forward to a stable of the U.S. economy.
"We didn't see a big rebound in economic or financial downturn returns," said Davlin, 2013.



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