GM IPO Stock Purchase For Employees, Retirees, Dealers

GM is coming out of bankruptcy swinging, Initial Public Offering of stocks to Employees, Retirees, and Dealers.

This coming off a money making summer for GM and also timed well with the roll out of the highly anticipated Chevy Volt Plug in Electric Car.

GM Employees, Dealers, and retirees have until October 22 to decide if they want to gamble on GM's future. GM CEO stated that the IPO price would be in the 20-25 dollar range, but there have been no concrete details set fourth yet.

The Government is expected to release approximately 20 percent of their more than 300 million shares. The Government will release the other portion of their 60 percent ownership over the coming months and years to recoup the investment in saving the auto giant.

2010 Year End Model Close Out Deals

If you have not taken advantage of a close out 2010 model Car, Truck, or SUV, you may want to act fast!

Car Company's are moving these vehicles as fast as possible and they are going quick. At one time, November and December were the months with the greatest incentives, but It seems to be a race to see who can liquidate Model Close Outs the quickest.

It is not only moving these vehicles so they don't get stuck with them at year end, but they also want to unveil the new models coming out. Many consumers want to be the first to own next years model, whether it be a new design or just the idea of saying they have the new 2011.
How do I get the best price on a new car?

GM No-Start Pass Lock Sensor

If you have a GM vehicle that turns over, but will not start; check this. Turn your key to run without turning over and see if your Security light is flashing. Many times the Pass Lock Sensor will not recognize your key and will not crank. If your Security light is flashing, you can leave your key in the Run Position until the light quits flashing--it will light up solid after approximately 15 minutes. At this point, turn ignition off and then turn and crank!

This is especially true if your Security light has been coming on periodically while driving. Hope this helps get someone out of a jam because mine has acted up at a gas station twice now. You can have the Sensor replaced or you can deal with the 15 minute delays.