GM May Have To Sell China Unit To Get U.S. Taxpayers Back Their Money

The Administration says it wants a “quick exit” from its investment in GM. The taxpayers should not have to own a US auto company any longer than they have to. The problem is that, by most estimates, GM would have to have a market value of $50 billion for the government to recoup its money. That is not likely to happen while GM waits for the US vehicle market to recover.