General Motors Chairman and CEO Dan Akerson speaks to the media after a June 2013 GM shareholders meeting in Detroit. General Motors posted $152 billion in global revenues in 2012.
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December 9, 2013 Treasury Secretary Jack Lew announced the government lost $10.7 billion on the deal but saved an estimated 1.5 million jobs in the industry.
December 19, 2012 The Treasury Department says General Motors will buy back 200 million of its own shares; the remaining 300 million shares will be sold off over the next 12 to 15 months.
Sales of the Jeep Grand Cherokee pushed Chrysler back to profitability for the first time since 1997.
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February 1, 2012 The Auburn Hill, Mich.-based company, which is now majority owned by Italy's Fiat SpA, said it earned $183 million last year after a loss of $652 million in 2010. Better sales, especially those of the Jeep Grand Cherokee SUV, turned things around.
May 25, 2011 In the first hour of Talk of the Nation: political junkie Ken Rudin on the week in politics, and two U.S. reporters who were detained in Libya share their story. In the second hour, was the auto industry bailout worth the cost, and the issue of homophobia in pro sports.
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