New Silverado and Sierra Pickups’ Success May Help the Government Offload GM Stake

President Barack Obama has always stood behind the 2009 bailouts of General Motors and Chrysler and he was vindicated as both companies made a surprising recovery in a very short time period.

While Chrysler is out of the picture, the U.S. government still holds a 32 percent stake in GM and is searching on how to implement an exit strategy without losing a large portion of the S$51 million it poured in the automaker during the bailout.

Analysts believe that the 2014 Chevrolet Silverado and GMC Sierra full-size pickups that were unveiled this week may provide the administration with the way out that it needs.

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