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Bloomberg

Bloomberg: GM to Sell Ally Financial Stake

General Motors is said to be set to sell its stake in Ally Financial, which is majority owned by U.S. taxpayers, Bloomberg reports.

Bloomberg: Chrysler Amendments to IPO Highlight Conflicts With Fiat

Chrysler Group LLC amended its initial public offering to more clearly detail its value to its majority owner, Fiat, Bloomberg reports.

Wells Fargo Expands GM Relationship, Eyes Other Automakers

Wells Fargo officials told Bloomberg that it would like to expand its relationship with General Motors. A bank official also said the company is interested in expanding its offerings to other automakers.

GM’s Chief Marketing Exec Resigns

The executive responsible for dropping Facebook from the automaker’s ad budget departs after two years as head of GM’s marketing team.