General Motors Reportedly To Sell Remaining Stake In Ally
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It’s been a busy day for the business end of General Motors, with the announcement of discontinuing Chevrolet in Europe, along with emphasizing the growth of Cadillac in the same region. Meanwhile, reports now indicate that The General will be selling off its remaining stake in Ally Financial, which is said to be worth around $900 million. As of September 2013, GM owned 9.9 percent of Ally.
General Motors officials have declined to comment.
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