GM Sells Peugeot Stake

http://www.ibtimes.com/general-motors-gm-sells-peugeot-stake-makes-500m-selling-stake-ally-taxpayer-still-owed-81b-rescue

General Motors Company (NYSE:GM) made two big announcements Thursday: one, it sold its stake in Peugeot Citroen SA (EPA:UG), and two, it exited partial ownership of Ally Financial Inc. (NYSE:GOM), the bank-holding company that was once GM’s auto-lending division that was rescued the U.S. government and that is still $8.1 billion in the red for that rescue.